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The basic economic problem

Fields, oil, water, forests and minerals are examples of which factor of production?

A

Enterprise.

B

Labour.

C

Capital.

D

Land.

The basic economic problem Flashcards

  1. GCSE
  2. /Economics
  3. /The basic economic problem

Flashcards for OCR GCSE Economics The basic economic problem, covering the key terms, formulae and calculations you need to recall for Component 01 and Component 02. 28 cards, matched to the OCR GCSE Economics (J205) specification. Recall questions account for roughly 35% of marks at GCSE Economics, so these target the marks you can secure before the paper starts.