Which of the following best describes labor as a production factor?
Factors of Production Quiz

Quiz
•
Social Studies
•
9th - 12th Grade
•
Medium
Isai Bonilla
Used 3+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The physical and mental effort used in the production process
The machinery and tools used in production
The financial resources used to start a business
The natural resources extracted from the earth
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the context of the factors of production, what does entrepreneurship primarily involve?
Providing the land for production
Supplying the labor for production
Combining resources to create goods and services
Offering financial capital for production
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key characteristic of labor as a factor of production?
It is a natural resource
It involves human effort
It is a form of capital
It is a managerial activity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT considered a factor of production?
Land
Labor
Money
Entrepreneurship
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Entrepreneurship in production primarily involves:
Providing the physical effort needed for production
Supplying natural resources for production
Organizing and managing the other factors of production
Offering financial capital for production
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does land contribute to the production process?
By providing human effort
By offering financial investment
By supplying natural resources
By managing production activities
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary role of land in the economy?
To provide labor for production
To offer natural resources for production
To manage and organize production
To invest capital in production
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