A bakery combines flour, ovens and workers to make bread for households. At the most basic level, this economic activity exists to
ensure every bakery earns the same profit
give producers complete control over consumers
provide goods that help satisfy needs and wants
remove scarcity from the local economy
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.