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ICSE Class 10 Factors of Production: Land, Labour, Capital & Enterprise — practice questions — page 3

Explore 96 free Factors of Production: Land, Labour, Capital & Enterprise questions in ICSE Class 10 Economics. Open each question or exercise to read its content, reference answers and available explanation.

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Factors of Production: Land, Labour, Capital & Enterprise questions and exercises with answers

Showing questions 61–90 of 96.

Match Marxian terms: 1. Res: p. Raw input 2. Tool: q. Instrument 3. Act: r. Human workRead the answer and worked solution →Match capital types: 1. Fixed: p. Machinery 2. Work: q. Raw stock 3. Fund: r. Cash moneyRead the answer and worked solution →Match pin history: 1. Book: p. Pin art 2. Year: q. 1761 3. Price: r. Low costRead the answer and worked solution →Match Xenophon view: 1. City: p. High skill 2. Court: q. Fine food 3. Trade: r. One craftRead the answer and worked solution →Match Durkheim forms: 1. Penal: p. Shared 2. Civil: q. Organic 3. Bond: r. SolidarityRead the answer and worked solution →Match fourth factors: 1. Kummel: p. Exergy 2. Power: q. Input 3. Input: r. FourthRead the answer and worked solution →Match Mandeville fable: 1. Fable: p. Bees 1714 2. Arrow: q. Bow maker 3. Meat: r. HunterRead the answer and worked solution →Match Marx critique: 1. Task: p. Dull mind 2. Skill: q. Narrow 3. Tool: r. SubdivideRead the answer and worked solution →Match land balance: 1. Asset: p. Natural 2. UK: q. Half wealth 3. Book: r. FixedRead the answer and worked solution →Match Hume insights: 1. Solo: p. Weak work 2. Team: q. High power 3. Union: r. SocietyRead the answer and worked solution →Match Physiocrats: 1. Soil: p. Net output 2. Era: q. 18th cent 3. France: r. QuesnayRead the answer and worked solution →Match Hayek view: 1. Price: p. Knowledge 2. Info: q. Dispersed 3. Order: r. MarketRead the answer and worked solution →Match capital groups: 1. Tools: p. Physical 2. Skill: q. Human 3. Brand: r. SocialRead the answer and worked solution →Match good classes: 1. Factory: p. Capital 2. Food: q. Consumer 3. Steel: r. IntermedRead the answer and worked solution →Match Smith capital: 1. Machine: p. Fixed 2. Goods: q. Circulate 3. Book: r. WealthRead the answer and worked solution →Match venture roles: 1. Firm: p. New value 2. Risk: q. Bear loss 3. Reward: r. ProfitRead the answer and worked solution →Match asset forms: 1. Fixed: p. Machine 2. Money: q. Finance 3. Stock: r. WorkingRead the answer and worked solution →Match venture views: 1. Knight: p. Risk 2. Joseph: q. Innovate 3. Peter: r. ActionRead the answer and worked solution →Match macro terms: 1. Stat: p. Concept 2. Macro: q. National 3. Rate: r. InvestmentRead the answer and worked solution →Match founder forms: 1. Social: p. Good 2. Serial: q. Repeat 3. Start: r. NascentRead the answer and worked solution →Match account forms: 1. Gross: p. Total 2. Wear: q. Depreciate 3. Net: r. Add stockRead the answer and worked solution →Match startup funds: 1. Self: p. Bootstrap 2. Debt: q. Bank loan 3. Share: r. EquityRead the answer and worked solution →Match capital views: 1. Static: p. Machines 2. Cash: q. Dynamic 3. Output: r. ProduceRead the answer and worked solution →Match founder steps: 1. Plan: p. Opening 2. Path: q. Strategy 3. Fund: r. ResourceRead the answer and worked solution →Match Knightian risk: 1. Risk: p. Measurable 2. True: q. Uncertain 3. Bearer: r. FounderRead the answer and worked solution →Match national sums: 1. Sum: p. Net invest 2. Change: q. Stocks 3. Val: r. Paper gainRead the answer and worked solution →Match George view: 1. Bond: p. Paper 2. Wealth: q. Capital 3. Rent: r. LandRead the answer and worked solution →Match design nexus: 1. Nexus: p. People 2. Lens: q. Opening 3. Action: r. VentureRead the answer and worked solution →Match Schumpeter roles: 1. New: p. Innovation 2. Break: q. Creative 3. Firm: r. ManagerRead the answer and worked solution →Match inventory PIM: 1. PIM: p. Perpetual 2. Scrap: q. Retire 3. Flow: r. InvestRead the answer and worked solution →

Worked practice questions

Match Marxian terms: 1. Res: p. Raw input 2. Tool: q. Instrument 3. Act: r. Human work

  1. 1-p, 2-q, 3-r
  2. 1-p, 2-r, 3-q
  3. 1-q, 2-p, 3-r
  4. 1-r, 2-p, 3-q
Show answer and solution

Correct answer: A. 1-p, 2-q, 3-r

Karl Marx distinguished the elementary factors of the labour process as the subject of labour, instruments of labour, and living labour.

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Match capital types: 1. Fixed: p. Machinery 2. Work: q. Raw stock 3. Fund: r. Cash money

  1. 1-p, 2-q, 3-r
  2. 1-p, 2-r, 3-q
  3. 1-q, 2-p, 3-r
  4. 1-r, 2-p, 3-q
Show answer and solution

Correct answer: A. 1-p, 2-q, 3-r

Fixed capital includes durable machines and buildings, working capital consists of materials in process, and financial capital is money funds.

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Match pin history: 1. Book: p. Pin art 2. Year: q. 1761 3. Price: r. Low cost

  1. 1-p, 2-q, 3-r
  2. 1-p, 2-r, 3-q
  3. 1-q, 2-p, 3-r
  4. 1-r, 2-p, 3-q
Show answer and solution

Correct answer: A. 1-p, 2-q, 3-r

Duhamel du Monceau described the subdivided manufacture of pins in 1761, highlighting how division of labour reduced pin prices.

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