Skip to content

Course home

Question bank·1.1 Main economic groups and factors of production
Sign up

1.1 Main economic groups and factors of production

EasyMediumHard
1234567891011121314151617181920212223242526272829303132
Question 28
95%

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

77 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.

More questions