A courier business spends some of its bank balance on a delivery van. Which description is accurate?
The bank balance is labour because people earned the money
The van is capital because it is a man-made aid to production
The van is enterprise because it can carry business risks
The van is land because it occupies road space
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.