Download - The Function of an Econony Exercise
Transcript
ECON1
The EconomyAnswer all the questions below
1. With regards to the Factors of Production explaina. Labourb. Landc. Capitald. Entrepreneurship
2. What is the reward for each of these factors?a. Labourb. Landc. Capitald. Entrepreneurship
3. Using examples draw a chart to illustrate all sectors of the economy4. What is a market?5. Outline the economic actors
WWW.AQUINASECONOMICSAS.CO.UK@AQUINASECONOMIC