Many businesses in Fenbridge manufacture bicycles or supply frames, gears and other parts to bicycle factories. A large share of their sales is to retailers outside the area. Orders from these retailers fall sharply.
Explain two likely effects of the fall in orders on workers in Fenbridge.
76 exam-style questions on OCR GCSE Economics 2.1 The role of markets, covering 2.1.1 What is a market, 2.1.2 Primary, secondary and tertiary sectors, 2.1.3 Factor and product markets, and 2.1.4 Specialisation and exchange. Each one has a worked solution and a mark scheme showing where the marks go.