Class8 Social Studies Chapter7 MCQ

By dk -

Class 8 – Exploring Society: India and Beyond

CHAPTER 7: Factors of Production

(MCQs 1–20)

1. Factors of production are used to:
A. Destroy goods
B. Produce goods and services
C. Waste resources
D. Stop production
➡️ Ans: B

2. How many factors of production are there?
A. Two
B. Three
C. Four
D. Five
➡️ Ans: C

3. Which of the following is a factor of production?
A. Money
B. Market
C. Land
D. Price
➡️ Ans: C

4. Land as a factor of production includes:
A. Only soil
B. Only fields
C. All natural resources
D. Buildings
➡️ Ans: C

5. Which of these is NOT included in land?
A. Water
B. Forests
C. Minerals
D. Machines
➡️ Ans: D

6. Labour refers to:
A. Machines
B. Money
C. Human effort
D. Natural resources
➡️ Ans: C

7. Which type of work is included in labour?
A. Physical work only
B. Mental work only
C. Both physical and mental work
D. No work
➡️ Ans: C

8. Capital is best described as:
A. Natural resource
B. Human effort
C. Man-made means of production
D. Free gift of nature
➡️ Ans: C

9. Which of the following is an example of capital?
A. Soil
B. Worker
C. Machine
D. Forest
➡️ Ans: C

10. Money itself is:
A. A factor of production
B. Not a factor of production
C. Labour
D. Land
➡️ Ans: B

11. Entrepreneurship means:
A. Providing labour
B. Owning land
C. Organising production and taking risks
D. Using machines
➡️ Ans: C

12. Who takes the risk in production?
A. Labour
B. Government
C. Entrepreneur
D. Consumer
➡️ Ans: C

13. Which factor brings all other factors together?
A. Land
B. Labour
C. Capital
D. Entrepreneurship
➡️ Ans: D

14. Without which factor production cannot start?
A. Land
B. Labour
C. Capital
D. Entrepreneurship
➡️ Ans: D

15. Which factor is fixed in supply?
A. Labour
B. Capital
C. Land
D. Entrepreneurship
➡️ Ans: C

16. Which factor can be increased by human effort?
A. Land
B. Capital
C. Natural resources
D. Soil
➡️ Ans: B

17. Skilled workers are part of:
A. Land
B. Labour
C. Capital
D. Entrepreneurship
➡️ Ans: B

18. A factory building is an example of:
A. Land
B. Labour
C. Capital
D. Entrepreneurship
➡️ Ans: C

19. All factors of production are:
A. Independent
B. Unrelated
C. Interdependent
D. Useless
➡️ Ans: C

20. Which statement is correct?
A. Only land is needed for production
B. Only labour is needed
C. All four factors are necessary
D. Capital alone is enough
➡️ Ans: C


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