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1.1 Economic foundations

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Question 1
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For a person with diabetes, which classification is most likely to be correct?

[1]
A

Both insulin and the latest games console are needs

B

Both insulin and the latest games console are wants

C

Insulin is a need and the latest games console is a want

D

Insulin is a want and the latest games console is a need

Markscheme

1.1 Economic foundations Questions

  1. GCSE
  2. /Economics
  3. /1.1 Economic foundations

81 exam-style questions on AQA GCSE Economics 1.1 Economic foundations, covering 1.1.1a Needs and wants, 1.1.1b The central purpose of economic activity, 1.1.1c Key economic decisions, 1.1.1d The main economic groups, 1.1.2a The nature of an economic resource, 1.1.2b The four factors of production, 1.1.3a The basic economic problem and making choices, and 1.1.3b Opportunity cost. Each one has a worked solution and a mark scheme showing where the marks go.

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