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Productive Resources Quiz 1 (25 MCQs)

Quiz Instructions:

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1. Man-made tools and machines used to do a job are called
2. The term "productive resources" or "factors of production" means:
3. Name one Natural Resource
4. Resources are _____
5. Which of these is an example of "entrepreneurship" ?
6. Please identify the natural resource.
7. What are examples of capital resources?
8. A person who starts their own business to provide jobs.
9. Which of these would be an opportunity cost of going to college?
10. Name the 3 Productive Resources
11. Name one Human Resource
12. This type of resource is found in nature and is not man-made.
13. A garbage truck driver is an example of which productive resource?
14. If a country invests in Human Capital, what will happen to the GDP?
15. Which of these is not a natural resource?
16. The gifts of nature that go into the production of a good or service:
17. How many types of productive resources are there?
18. How are capital resources used?
19. The innovative spirit that allows an individual to take risks to start a new business or create a new product by combining the factors of production:
20. Which of these items is not a natural resource?
21. Chasity goes to get a loan for her business, she is seeking this factor of production:
22. Which of these is NOT a productive resource?
23. What are examples of natural resources?
24. Which one is NOT a Capital Resource?
25. What is the BEST example of a scarce resource found in more developed countries?
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