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Cambridge IGCSE Economics practice

Paper 2 structured question: The factors of production

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The factors of production

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Paper 2Structured Questions4 marks

Analyze the impact of changes in the quality of capital on production.

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Impact of Capital Quality on Production

Improvements in machinery and technology have led to more efficient production processes in various sectors.

  1. a

    Explain how improvements in capital quality can affect production levels.

    Aim for approximately 4 distinct marking points.

    [4]

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Paper 2 structured question: The factors of production

Paper 2Structured Questions1 marks

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Factors of Production in Country X

Country X has seen an increase in skilled labor due to educational reforms and a rise in technology adoption in industries.

  1. a

    State one factor of production that has increased in Country X.

    Aim for approximately 1 distinct marking point.

    [1]