October 21, 2014  |  By  | 

Table of content Table of content Creating assessments PART 1: (three different types of objective test items) Question A.1 There are four factors of production land, labour, capital and? a) Opportunities b) Enterprise c) Market force d) capitalism (2) Question A.2 This type of resource ________ is also referred to as minerals. a) Labour b) Land c) Capital d) Enterprise (2) Question A.3 Factors of production that are used in the production of goods and services? a) Price b) Resources c) Cost d) Goods (2) (6) PART 2 (three restricted response questions) Take a look at a picture taken from the primary sector and answer questions that follow on the factors of production

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