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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.
Card 1 of 26
1.1.2 The nature and purpose of economic activity Flashcards
26 flashcards on AQA A Level Economics 1.1.2 The nature and purpose of economic activity: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.