Skip to content

Course home

Sign up

1.1 Economic foundations

EasyMediumHard
12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152535455565758
Question 10

A small jewellery firm in Birmingham makes silver rings to sell to local shops.

Which of the following is an example of enterprise at the firm?

[1]
A

The employees who polish each ring by hand before packing

B

The cutting machine that shapes silver sheet into rings

C

The natural deposit from which the silver ore is mined

D

The owner's decision to risk her own money on a new range

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.

Question bank