Multiple Choice Questions in Class VIII for the Chapter 7 (Factors of Production) in Subject Socia Science(Economics) **************************** Multiple Choice Questions: 1. How many primary factors of production are there? a) Two b) Three c) Four d) Five Ans: c) Four 2. Which of the following is NOT a factor of production? a) Land b) Labour c) Money d) Entrepreneurship Ans: c) Money 3. Which factor of production refers to all natural resources? a) Land b) Labour c) Capital d) Entrepreneurship Ans: a) Land 4. Wages are the reward for: a) Land b) Labour c) Capital d) Entrepreneurship Ans: b) Labour 5. Rent is the reward for: a) Labour b) Land c) Capital d) Entrepreneurship Ans: b) Land 6. Profit is the reward for: a) Capital b) Labour c) Entrepreneurship d) Land Ans: c) Entrepreneurship 7. Interest is the reward for: a) Capital b) Land c) Labour d) Entrepreneurship Ans: a) Capital 8. Which of the follo...