Tag: land,labour, capital and entrepreneur

Questions Related to land,labour, capital and entrepreneur

Multiple choice economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

_____ can kill bacteria and other micro organisms in the soil.

  1. Bio fertilizers

  2. Organic fertilizers

  3. Manure

  4. Homemade fertilizers

  5. Chemical fertilizers

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

A chemical fertilizer is defined as any inorganic material of wholly or partially synthetic origin that is added to the soil to sustain plant growth. Can also kill bacteria and other micro organisms in the soil.

Multiple choice economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

To grow more than one crop on a piece of land during the year is known as ______.

  1. kharif crop

  2. multiple cropping

  3. rabi crop

  4. zaid crop

  5. none of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In agriculture, multiple cropping is the practice of growing two or more crops in the same piece of land during a single growing season. It is a form of polyculture.

Multiple choice economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

Which of the following is a fixed capital?

  1. Clay

  2. Yarn

  3. Tools

  4. Seeds

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Fixed capital includes the assets that are needed to start up and conduct business. These assets are considered fixed as they are not consumed or destroyed during the actual production of a good or service but have a reusable value. 

Multiple choice economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

Multiple cropping refers to ______.

  1. cultivation of wheat and rice

  2. cultivation of two crops in alternate rows

  3. cultivating more than one crop on the same field each year

  4. cultivating crops and rearing animals on the same farm

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In agriculture, multiple cropping is the practice of growing two or more crops in the same piece of land during a single growing season. It is a form of polyculture. 

Multiple choice economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

Increased use of ________ and __________ on a particular plot of land leads to an increase in crop production at a diminishing rate.

  1. capital and labour

  2. capital and entrepreneurship

  3. entrepreneurship and land

  4. none of the above

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The above is true because land depletes in resources over time and takes time to replenish itself.