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Factors of production - SS1 Agriculture Past Questions and Answers - page 1

1

What is the primary factor of production associated with natural resources?

A

Labor

B

Capital

C

Management

D

Land

correct option: d
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2

Which factor of production encompasses human effort and skills?

A

Land

B

Labor

C

Capital

D

Management

correct option: b
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3

Physical capital includes which of the following?

A

Money

B

Land

C

Machinery

D

Education

correct option: c
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4

What is the term for the coordination and entrepreneurial skills involved in production?

A

Capital

B

Capital

C

Management

D

Management

correct option: c
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5

Which factor of production relates to the financial resources used in production?

A

Labor

B

Capital

C

Management

D

Land

correct option: b
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6

Fertile soil and mineral deposits are examples of:

A

Labor

B

Capital

C

Management

D

Land

correct option: d
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7

The size and productivity of the workforce are components of:

A

Capital

B

Labor

C

Management

D

Land

correct option: b
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8

Effective decision-making, innovation, and risk-taking are attributes of:

A
B

Capital

C

Management

D

Land

correct option: c
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9

What factor of production includes machines, tools, and equipment?

A

Management

B

Labor

C

Capital

D

Land

correct option: c
Users' Answers & Comments
10

Skilled and educated workers are essential for:

A

Land

B

Labor

C

Management

D

Capital

correct option: b
Users' Answers & Comments
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