1) How many factors of production are there? a) 1 b) 2 c) 3 d) 4 2) Which is not a factor of production a) land b) labour c) technology d) capital 3) This consists of all the natural resources on the earth including those in the sea and the atmosphere around us. a) labour b) land c) enterprise d) capital 4) This includes all human resources which are needed to combine other factors of production to produce goods and services. a) labour b) land c) enterprise d) capital 5) Drivers and plumbers are examples of what type of labour? a) skilled b) semi-skilled c) unskilled 6) Teachers and doctors are examples of what type of labour? a) skilled b) semi-skilled c) unskilled 7) Watchmen and vendors are examples of what type of labourers? a) skilled b) semi-skilled c) unskilled 8) This is the rate at which goods are produced is a) efficiency b) productivity c) labour d) classification 9) Education has no effect on productivity. a) true b) false 10) Religious and cultural practices affect the labour supply. a) true b) false 11) ________________________development is important if an organisation is to grow and become more successful. a) Educational b) Human resource c) Nutritional d) Healthy 12) The permanent movement of people from one area to another is called a) Emigration b) Migration c) Immigration d) Emancipation 13) How many types of migration are there? a) 1 b) 2 c) 3 d) 4 14) Susan decided to move from St. Lucy to St. Michael so she could get to work on time. This is an example of... a) domestic migration b) international migration 15) Paul moved from Barbados to California to be the chef at a major restaurant. This is an example of... a) domestic migration b) international migration
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Basic Economics
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