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Exam-style practice

The nature of the economic problem practice questions

Practise mixed syllabus-aligned questions for The nature of the economic problem. Aligned to Cambridge IGCSE Economics.

Practice questions

Question 1 of 4

Choose an answer, get feedback, then move sideways through the set.

Paper 2 structured question: The nature of the economic problem

Paper 2Structured Questions1 marks

Description

Scarcity in the Economy

Due to the depletion of natural resources, the government must decide how to allocate the remaining resources among various sectors.

  1. a

    State one reason why limited resources create scarcity in the economy.

    Aim for approximately 1 distinct marking point.

    [1]