Skip to content

Course home

1.1 Main economic groups and factors of production

1.1 Main economic groups and factors of production

EasyMediumHard
12345678910
Question 6

Households supply workers to firms and then use the wages earned to buy the firms' products. What does this best demonstrate?

[1]
A

Consumers and producers can operate independently

B

Government determines all household incomes

C

Consumers and producers are interdependent

D

Labour and capital are the same factor of production

Markscheme

1.1 Main economic groups and factors of production Questions

  1. GCSE
  2. /Economics
  3. /1.1 Main economic groups and factors of production

29 exam-style questions on OCR GCSE Economics 1.1 Main economic groups and factors of production, covering 1.1.1 Role of main economic groups and 1.1.2 Factors of production. Each one has a worked solution and a mark scheme showing where the marks go.

Question bank