Factors of Production
Quiz
•
Social Studies
•
12th Grade
•
Medium
Vanessa Ziegler
Used 536+ times
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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
WHAT ARE THE 4 FACTORS OF PRODUCTION?
Land, Capital, Need & Want
Land, Labor, Capital, Entrepreneurs
Water, Air, Food & Shelter
Land, Capital, Good & Service
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
WHAT IS LABOR?
work people do for pay to produce goods and services
actions people do for other people
any physical object
The money people get for inheritance
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
_______________ IS KNOWN AS THE MANMADE RESOURCES USED TO PRODUCE GOODS AND SERVICES.
Entrepreneurs
Capital
Labor
Land
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
_______________ IS KNOWN AS THE NATURAL RESOURCES USED TO PRODUCE GOODS AND SERVICES
Entrepreneurs
Capital
Labor
Land
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
AN ENTREPRENEUR IS A PERSON WHO _______________.
owns their own business
uses goods and services to produce labor, land, and capital.
uses land, labor, and capital to produce good and services.
loves nature and runs a business
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the factors of production is this?
capital
entrepreneur
land
labor
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which one of the factors of production is this?
capital
entrepreneur
land
labor
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