ECONOMICS sorted structured QUESTIONS- 2013-2015 all varients Basic economic ideas 1).Explain how the contribution of each factor of production differs in an agricultural economy from that in an industrialised economy. [8]
2).Discuss whether entrepreneurs or governments are more likely to cause economic growth in a mixed economy? [12]
3). Explain what is meant by the term ‘money’ and outline its characteristics in a modern twenty- first century economy. [8] 9708/21/M/J/14
