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1.1 Nature of economics

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Question 23

The extraction of iron ore from the underground mine in Kiruna, Sweden, continues to deplete finite underground deposits. In contrast, Sweden's forestry sector has increasingly adopted sustainable planting techniques to ensure that harvested timber is continually replaced by new growth.

With reference to the information provided, explain the distinction between renewable and non-renewable resources.

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Markscheme

1.1 Nature of economics Questions

  1. A Level
  2. /Economics
  3. /1.1 Nature of economics

85 exam-style questions on Edexcel A A Level Economics 1.1 Nature of economics, covering 1.1.1 Economics as a social science, 1.1.2 Positive and normative economic statements, 1.1.3 The economic problem, 1.1.4 Production possibility frontiers, 1.1.5 Specialisation and the division of labour, and 1.1.6 Free market economies, mixed economy and command economy. Each one has a worked solution and a mark scheme showing where the marks go.

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