Factors of Production Quiz
Authored by selwyn Roberts
Business
8th Grade
Used 5+ times
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14 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is Production?
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2.
OPEN ENDED QUESTION
3 mins • 2 pts
What is the purpose of production?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
Define the term ‘Needs’.
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
Define the term ‘Wants’.
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5.
MULTIPLE SELECT QUESTION
30 sec • 4 pts
What are the four factors of production?
Land (Natural Resources)
Labor (Human Resources)
Capital (Man-made Tools)
Entrepreneurship (Risk-taker)
Enterprise ( Business officers)
6.
OPEN ENDED QUESTION
3 mins • 1 pt
What are Resources?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
What are Natural Resources?
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