Factors of Production
CBSE · Class 8 · Social Science
Most important questions from Factors of Production for CBSE Class 8 Social Science board exam 2026. MCQs, short answer, and long answer questions with marks.
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Sample Questions
What is capital in economics?
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Any asset, whether physical or financial, used to produce goods and services
Capital includes money and also human-made assets such as machinery, tools, equipment and buildings used in production.
Who is an entrepreneur?
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A person who comes up with an idea, takes risks, gathers other factors of production and works hard to make the business successful
Entrepreneurship means starting a business or creating something new to solve a problem. An entrepreneur combines resources and takes risks.
What is the meaning of productivity?
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Ability to do more in a particular time period
Productivity means doing more work or producing more output in a given time.
What does the Adult Literacy Rate measure?
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Percentage of people aged 15 and above who can read and write with understanding a short, simple statement about their everyday life
Adult literacy rate is defined as the percentage of people aged 15 and above who can read and write with understanding a short, simple statement.
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Sources & Official References
- NCERT Official — ncert.nic.in
- CBSE Academic — cbseacademic.nic.in
- CBSE Official — cbse.gov.in
- National Education Policy 2020 — education.gov.in
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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