1) How many factors of production are there? a) 1 b) 2 c) 3 d) 4 2) Which factor of production refers to the employees? a) Land b) Labour c) Capital d) Enterprise 3) Which factor of production refers to raw materials? a) Land b) Labour c) Capital d) Enterprise 4) Which factor of production refers to machinery? a) Land b) Labour c) Capital d) Enterprise 5) Which factor of production refers to finance? a) Land b) Labour c) Capital d) Enterprise 6) Bill Gates would come under which factor of production? a) Land b) Labour c) Capital d) Enterprise

Factors of Production

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