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Where Is The Mistake Production
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Where Is The Mistake Production

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'Where is the Mistake-Production"

'Where is the Mistake-Production"

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  • 1. Where is the Mistake?
  • 2. Where is the Mistake?
    • In the following statements pick out the wrong words or phrases.
    • Write them and the corrections in the spaces provided.
  • 3. Where is the Mistake?
    • Air, water, food and shelter are
    • wants.
    • The mistake is ……
  • 4. Where is the Mistake?
    • Money market provides long-term
    • loans.
    • The mistake is …………
  • 5. Where is the Mistake?
    • Labour market is the place where
    • buyers and sellers trade in
    • people.
    • The mistake is …………
  • 6. Where is the Mistake?
    • Indirect production is the feature
    • of all undeveloped countries.
    • The mistake is ………
  • 7. Where is the Mistake?
    • Direct production is based on
    • specialisation.
    • The mistake is ………
  • 8. Where is the Mistake?
    • Farming is an example of secondary
    • production .
    • The mistake is …………
  • 9. Where is the Mistake?
    • De-industrialisation is the decline
    • in the primary sector and the
    • growth in the secondary and the
    • tertiary sectors.
    • The mistake is …………
  • 10. Where is the Mistake?
    • Land as a factor of production is
    • rewarded with profit.
    • The mistake is ……
  • 11. Where is the Mistake?
    • Labour employs, co-ordinates,
    • organises and rewards other
    • factors of production.
    • The mistake is ………
  • 12. Where is the Mistake?
    • The entrepreneur as a factor of
    • production is rewarded by
    • wages.
    • The mistake is …………
  • 13. Where is the Mistake?
    • In a free economy all factors of
    • production are owned and
    • controlled by the public sector. .
    • The mistake is …………
  • 14. Where is the Mistake?
    • In a mixed economy the government
    • decides what to produce, how to
    • produce and how much to produce. .
    • The mistake is …………
  • 15. Where is the Mistake?
    • Job production is the method of
    • production, which allows identical
    • goods to be manufactured.
    • The mistake is ……
  • 16. Where is the Mistake?
    • Non-durable consumer goods are
    • goods which are purchased by a
    • consumer to last for more than
    • one year or a single use.
    • The mistake is …………
  • 17. Where is the Mistake?
    • Labour is the risk taking factor.
    • The mistake is ………
  • 18. Where is the Mistake?
    • Private sector is that part of a
    • mixed economy where factors of
    • production are owned and
    • controlled by the government.
    • The mistake is ………
  • 19. Where is the Mistake?
    • UK is an example of a free
    • economy.
    • The mistake is ……