Practice Factors of Production - 1.2 | 1. The Productive Mechanism | ICSE Class 10 Economics
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1.2 - Factors of Production

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What are the four factors of production?

πŸ’‘ Hint: Think of what is needed to create products.

Question 2

Easy

What reward does land provide?

πŸ’‘ Hint: What do landlords charge for space?

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

Which of the following is NOT a factor of production?

  • Land
  • Wages
  • Capital
  • Labour

πŸ’‘ Hint: Think about the definition of factors.

Question 2

True or False: Labour can be separated from the worker.

  • True
  • False

πŸ’‘ Hint: Consider the nature of physical and mental work.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Evaluate how scarcity of land affects production in an economy. Provide real-life examples.

πŸ’‘ Hint: Consider the implications of limited resources in urban planning.

Question 2

Discuss the relationship between skilled labour and technological progress in production.

πŸ’‘ Hint: Identify a sector that heavily relies on skilled professionals.

Challenge and get performance evaluation