Labour & Characteristics

1: Labour is the ______________ factor of production.

• 1st

• 2nd

• 3rd

• 4th

2: ___________ is the reward of Labour.

• Rent

• Interest

• Wages

• Profit

3: Farmer is the example of ______________ labour.

• Physical

• Mental

• Manual

• Skilled

4. Accountant is the example of ____________ labour.

• Physical

• Mental

• skilled

• Manual

5: No Production is possible without ______________.

• Manager

• Labour

• Accountant

• Director

6: For operating machines producer needs__________ labour.

• Skilled

• Manual

• Mental

• None of these

7: ______________ is the 3rd factor of production.

• Land

• Capital

• Organization

• Labour

8: __________ level depends upon the organizer abilities.

• Supply

• Demand

• Profit

• Expenditure

9:______________also provides capital from his personal funds

• Organizer

• Entrepreneur

• Labour

• Manger

10: ______ is the part of wealth, which is used for further income.

• Income

• Expenditure

• Capital

• Profit