Sample MCQs

Try these questions, then start the full collection for instant feedback.

1. What are the inputs used to produce goods and services called?

  1. A.Factors of production
  2. B.Land, labour, capital and entrepreneurship
  3. C.Natural resources
  4. D.Physical and mental effort

2. What are the four economic factors of production?

  1. A.Natural resources
  2. B.Physical and mental effort
  3. C.Specialised skills, knowledge, abilities and expertise
  4. D.Land, labour, capital and entrepreneurship

3. In economics, what does land include besides geographical land?

  1. A.Specialised skills, knowledge, abilities and expertise
  2. B.Healthcare
  3. C.Natural resources
  4. D.Physical and mental effort

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