What is the purpose of economic activity?
A
To distribute equal incomes among everyone who needs goods and services.
B
To turn unlimited resources into goods and services that satisfy needs and wants.
C
To reduce consumer wants by limiting the goods and services available.
D
To turn scarce resources into goods and services that satisfy needs and wants.
1.1.2 The nature and purpose of economic activity Flashcards
Flashcards for AQA A Level Economics 1.1.2 The nature and purpose of economic activity, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 26 cards, matched to the AQA A Level Economics (7136) specification.