Business Basics-Production

Business Basics-Production

8th Grade

10 Qs

quiz-placeholder

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Business Basics-Production

Business Basics-Production

Assessment

Quiz

Business

8th Grade

Medium

Created by

Shanice Griffiths

Used 98+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________ is the process of converting raw materials into finished goods or semi-finished goods.

Production

Land

Productivity

Resources

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Land, labour, _______ and enterprise or entrepreneurial skills are all factors of production.

clothing

capital

human labour

resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following are types of production EXCEPT

Primary production

Tertiary production

Secondary production

Subsistence production

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Knowledge and skills possessed by people that are used to enhance the production process is referred to as

land

human capital

labour

capital

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The extraction of raw materials from the earth's surface represents which type of production?

Secondary

Primary

Domestic

Tertiary

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The levels of production are

Subsistence

Domestic

Surplus

All of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At this level everything is produced locally, in the home country

export

domestic

subsistence

surplus

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