ECON1
WWW.AQUINASECONOMICSAS.CO.UK
@AQUINASECONOMIC
The Economy
Answer all the questions below
1. With regards to the Fact...
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The Function of an Econony Exercise

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The Function of an Econony Exercise

  1. 1. ECON1 WWW.AQUINASECONOMICSAS.CO.UK @AQUINASECONOMIC The Economy Answer all the questions below 1. With regards to the Factors of Production explain a. Labour b. Land c. Capital d. Entrepreneurship 2. What is the reward for each of these factors? a. Labour b. Land c. Capital d. Entrepreneurship 3. Using examples draw a chart to illustrate all sectors of the economy 4. What is a market? 5. Outline the economic actors

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