Factors of Production Quiz

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10 Questions

What are the factors of production?

Land, labour, capital, organization

How is land utilized in Janampet?

Mainly for agriculture and other activities

What do agriculture laborers primarily engage in?

Physical activities related to agriculture

From where do individuals or organizations borrow capital for production?

Banks, persons, or savings

What do proprietors or organizers use for production?

Land, labor, capital

What is the main intention of production?

To provide required goods and services to people

How is land primarily utilized in Janampet?

Mainly for agriculture and other activities

Where do individuals or organizations primarily borrow capital for production?

Banks or individuals

What do proprietors or organizers primarily use for production?

Land, labor, and capital

What is the primary role of labor in agriculture in Janampet?

Engage in physical activities related to agriculture

Test your knowledge of the factors of production with this quiz. Classify and explain the essential inputs needed for the creation of goods and services. Understand the significance of land, labor, capital, and organization in the production process.

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