5 Questions
Which of the following is NOT one of the factors of production?
Natural resources
Which of the following is an example of a nonrenewable natural resource?
Oil
Which of the following is an example of a renewable natural resource?
Water
What is the term used for resources that are used to make goods and services?
Factors of production
What is the first factor of production needed to produce a good or service?
Natural resources
Test your knowledge on the creation of goods and services! Explore the resources and formula behind the abundance of products available in the U.S. Discover how these goods are made and the key resources involved. Put your understanding to the test with this informative quiz.
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