Factors of Production Class 8 MCQ Questions SST Chapter 7

Practicing Class 8 SST MCQ and Class 8 Social Science Chapter 7 Factors of Production MCQ Questions Online Test with Answers daily helps in time management.

Class 8 Factors of Production MCQ with Answers

MCQ on Factors of Production Class 8

Class 8 SST Chapter 7 Factors of Production MCQ Questions with Answers

Question 1.
Which of the following is not a factor of production?
(a) Land
(b) Labour
(c) Capital
(d) Pollution
Answer:
(d) Pollution

Question 2.
What does the term ‘labour’ mainly refer to in production?
(a) Use of land
(b) Use of machines
(c) Human effort
(d) Raw materials
Answer:
(c) Human effort

Question 3.
What is the role of an entrepreneur?
(a) Only works for others
(b) Combines factors of production and takes risks
(c) Provides land only
(d) Delivers finished goods
Answer:
(b) Combines factors of production and takes risks

Question 4.
Which of the following is an example of capital?
(a) Machineiy
(b) Water
(c) Forest
(d) Air
Answer:
(a) Machineiy

Question 5.
How does education help in production?
(a) Increases prices
(b) Increases pollution
(c) Improves skills and productivity
(d) Reduces jobs
Answer:
(c) Improves skills and productivity

Question 6.
What is human capital?
(a) Buildings and roads
(b) People’s skills, knowledge, and health
(c) Machines used in factories
(d) Money saved in banks
Answer:
(b) People’s skills, knowledge, and health

Question 7.
Why is technology important in production?
(a) It increases cost
(b) It reduces land
(c) It replaces all workers
(d) It helps produce more in less time
Answer:
(d) It helps produce more in less time

Question 8.
What is meant by ‘demographic dividend’?
(a) Large working-age population
(b) More elderly people in the country
(c) More people going abroad
(d) Fewer children in school
Answer:
(a) Large working-age population

Question 9.
Which of these is a responsible use of natural resources?
(a) Cutting all trees for wood
(b) Polluting rivers for production
(c) Recycling and saving water
(d) Using extra electricity always
Answer:
(c) Recycling and saving water

Question 10.
What is the main aim of Corporate Social Responsibility (CSR)?
(a) To reduce workers
(b) To help society and protect the environment
(c) To increase product prices
(d) To advertise more
Answer:
(b) To help society and protect the environment

Factors of Production Class 8 Assertion-Reason Type Questions

There are two statements in each question marked as Assertion (A) and Reason (R). Choose your answer as per the options given below:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A).
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A).
(c) (A) is correct but (R) is wrong.
(d) (A) is wrong but (R) is correct.

Question 1.
Assertion (A): Capital includes machines, tools, and money used in business.
Reason (R): Capital is only the land used for farming.
Answer:
(c) (A) is correct but (R) is wrong.

Question 2.
Assertion (A): Good health helps workers give their best in work.
Reason (R): Healthy workers can work longer, take fewer leaves, and be more productive.
Answer:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A).

Question 3.
Assertion (A): Entrepreneurship is about copying old business ideas.
Reason (R): Entrepreneurs bring new and creative solutions to problems.
Answer:

Question 4.
Assertion (A): Natural resources like water and soil are unlimited.
Reason (R): Using too much of these resources-can lead to pollution and scarcity.
Answer:

Question 5.
Assertion (A): Labour includes both physical and mental effort.
Reason (R): Teachers and doctors are examples of people who provide mental labour.
Answer:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A).

Question 6.
Assertion (A): Technology helps people learn new skills through online platforms.
Reason (R): Portals like SWAYAM offer free online courses to students.
Answer:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A).

Question 7.
Assertion (A): Investment in education and training increases the quality of labour.
Reason (R): Education helps people improve their knowledge and job skills.
Answer:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A).

Question 8.
Assertion (A): Using local resources in production reduces supply chain risks.
Reason (R): Depending on far-off places can delay or stop production.
Answer:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A).

Question 9.
Assertion (A): All four factors of production are important to run a business.
Reason (R): Land, labour, capital, and entrepreneurship work together to produce goods.
Answer:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A).

Question 10.
Assertion (A): Technology has made it easier to access jobs and learning.
Reason (R): Government portals now help people find jobs and learn from home.
Answer:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A).

Factors of Production Class 8 Fill in the blanks

Question 1.
_______ is the human effort used in making goods and services.
Answer:
Labour

Question 2.
Land, labour, capital and entrepreneurship are called
Answer:
factors of production

Question 3.
A person who starts a business and takes risks is called an
Answer:
Entrepreneur

Question 4.
includes tools, machines, buildings and money used in production.
Answer:
Capital

Question 5.
Natural resources like soil, water, and sunlight are part of.
Answer:
Land

Question 6.
Good health and education help to build strong capital.
Answer:
Human

Question 7.
helps people work faster and smarter using new methods or machines.
Answer:
Technology

Question 8.
When a company helps society and the environment, it is doing
Answer:
CSR (Corporate Social Responsibility)

Question 9.
A country with more young working people can get a dividend.
Answer:
demographic

Question 10.
The system of getting goods from one place to another is called the chain.
Answer:
supply

Factors of Production Class 8 True or False

Question 1.
Land, labour, capital, and entrepreneurship are called factors of production.
Answer:
True

Question 2.
Machines, tools, and vehicles used in production are examples of capital.
Answer:
True

Question 3.
A healthy worker can work better and faster.
Answer:
True

Question 4.
Entrepreneurs never take any risk in business.
Answer:
False

Question 5.
Using technology in production always harms the environment.
Answer:
False

Question 6.
Only rich people can become entrepreneurs.
Answer:
False

Question 7.
Capital can come from personal savings, loans, or the stock market.
Answer:
True

Question 8.
If one factor of production is missing, production may stop.
Answer:
True

Question 9.
The government offers free online courses to help students learn new skills.
Answer:
True

Question 10.
The environment is not affected by how we produce goods.
Answer:
False

Factors of Production Class 8 Match the following

Question 1.

Column A	Column B
1. Global Positioning Systems	(a) Creates new products or services
2. Training	(b) Finds shortest travel routes
3. Stock Market	(c) Helps workers improve their skills
4. Human Capital	(d) People’s knowledge and abilities
5. Entrepreneur	(e) A place where companies raise money

Answer:

Column A	Column B
1. Global Positioning Systems	(b) Finds shortest travel routes
2. Training	(c) Helps workers improve their skills
3. Stock Market	(e) A place where companies raise money
4. Human Capital	(d) People’s knowledge and abilities
5. Entrepreneur	(a) Creates new products or services