Quiz: The Four Factors of Production
Cambridge OCR Level 3 Advanced GCE in Business H431
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Welcome! Building on what you've learned about entrepreneurs and enterprise, let's explore the Four Factors of Production with this quiz. Ready to test your knowledge?
Which of the following is NOT one of the four factors of production?
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Which of the following are examples of capital? (Select all that apply)
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The factor of production that refers to natural resources like minerals and forests is called {{blank0}}.
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Match the items on the left with their correct pairs on the right
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A business has £10,000 worth of tools and £5,000 worth of machinery. What is the total value of its capital?
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What is the role of an entrepreneur in the factors of production?
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Match the items on the left with their correct pairs on the right
Which of the following are natural resources included in the 'land' factor of production? (Select all that apply)
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The {{blank0}} factor of production is responsible for creating new business ideas and taking risks.
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Which is an example of labour as a factor of production?
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