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Exam-style practice

The factors of production answer explanations

Review worked answers and explanations for The factors of production. Aligned to Cambridge IGCSE Economics.

Answer explanations

Question 1 of 6

Review the answer support, then move sideways through the set.

Paper 2 structured question: The factors of production

Paper 2Structured Questions1 marks

Description

Factors of Production

The factors of production are essential resources used in the creation of goods and services. They include land, labour, capital, and enterprise, each with distinct characteristics and rewards.

  1. a

    State the four factors of production.

    [1]