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- 1. Multiple Choice
Which of the factors of production is this?
capital
entrepreneur
land
labor
- 2. Multiple Choice
Which one is a need and not a want?
going out to eat
drinking a glass of water
going to the movies
luxury sports car
- 3. Multiple Choice
Which one of the factors of production is this?
capital
entrepreneur
land
labor
- 4. Multiple Choice
Steve Jobs the founder of Apple is holding up an I-phone. What is another name for someone who starts a business?
capital
entrepreneur
land
labor
- 5. Multiple Choice
Which factor of production is this?
capital
entrepreneur
land
labor
- 6. Multiple Choice
This factor involves money, equipment, and tools and any items to produce goods and services?
capital
entrepreneur
land
labor
- 7. Multiple Choice
What factor of production is missing?
capital
entrepreneur
land
labor
- 8. Multiple Choice
Name the factor not mentioned?
capital (money)
entrepreneur (business owner)
land(natural resources)
labor( workers)
- 9. Multiple Choice
Which factor?
capital
entrepreneur
land
labor
- 10. Multiple Choice
These items could be considered as___________?
capital
entrepreneur
land
labor
- 11. Multiple ChoiceWhat is an entrepreneur?A person who starts a new business.A leader of a country.A worker in a factory.A student in college.
- 12. Multiple ChoiceName the natural resource(s).wheatcombinetruckcombine and truck
- 13. Multiple ChoiceThe people who decide to buy.ProducersConsumersEconomistEntreprenuers
- 14. Multiple ChoicegoldNaturalLaborCapital????????
- 15. Multiple ChoiceWhich factor of production would you consider a lawn mower?LandLaborCapitalEntrepreneur
- 16. Multiple Choicefactory workerNaturalLaborCapital????????
- 17. Multiple ChoiceIron, minerals, coal and plants are examples of which productive resource?landlaborentrepreneurshipcapital
- 18. Multiple ChoiceA garbage truck driver is an example of which Factor of Production?laborlandentrepreneurshipcapital
- 19. Multiple ChoiceThe term "factors of production" means:things or skills needed to produce goods or serviceshow we spend our moneythe resources of the governmenthow society creates jobs
- 20. Multiple Choice
Land includes...
The "gifts of nature" or natural resources not created by human effort.
the tools, equipment, and factories used in production of goods and services
people with all their efforts and abilities
individuals who start a new business or bring a product to market.
- Answer choicesTagsAnswer choicesTags