Subsection 1.2. The factors of production for Economics, IGCSE - revisedeck

1.2. The factors of production

A subsection of Economics, 0455, through 1. The basic economic problem

Listing 10 of 90 questions

Some agricultural co-operatives have changed from labour-intensive to capital-intensive methods of production. What might be a cause of this change?

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MCQ

2016

Paper 1, Variant 2

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What is not a factor of production?

0455_w16_qp_13

MCQ

2016

Paper 1, Variant 3

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A self-employed fortune teller earns a living by reading the palms of people’s hands. Which factors of production are essential to this activity?

0455_w17_qp_11

MCQ

2017

Paper 1, Variant 1

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Economists refer to factors of production. Which is not a factor of production?

0455_w17_qp_12

MCQ

2017

Paper 1, Variant 2

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What does an economist mean by the factor of production called capital?

0455_w17_qp_13

MCQ

2017

Paper 1, Variant 3

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Which factor of production involves risk-taking?

0455_w18_qp_11

MCQ

2018

Paper 1, Variant 1

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Which factor of production is not represented in the list shown...

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MCQ

2018

Paper 1, Variant 2

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Which example of a factor of production in the fishing industry is correct?

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MCQ

2018

Paper 1, Variant 3

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What is classified as one of the four economic resources?

0455_w19_qp_11

MCQ

2019

Paper 1, Variant 1

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Which statement about factors of production is correct?

0455_w19_qp_12

MCQ

2019

Paper 1, Variant 2

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Questions Discovered

90