Factors of Production
Authored by Tracey-Ann Darmand
Business
7th - 8th Grade
Used 3+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
True or false: There are four factors of production.
True
False
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
_____ is the process of turning raw materials or inputs into goods or service
Baking
Production
Farming
Teaching
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
This image represents
Land
Labour
Capital
Enterprise
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
True or False: Money is a form of capital
True
False
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
True or False: An entrepreneur is someone who is not willing to risk his or her time and money to start or run a business
True
False
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
This image represents
Land
Labour
Capital
Enterprise
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The factors of production work together to provide
Goods only
Services only
Goods and services
Needs and wants
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