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1.1 Main economic groups and factors of production

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Question 29
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A baker owns the business, develops a new product and risks losing personal savings if it fails. Which factor of production is the baker mainly providing?

[1]
A

Capital

B

Enterprise

C

Land

D

Labour

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.

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