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2.1 The role of markets

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Question 5

A student classifies the work of three UK businesses by sector of production:

  • a fishing boat from Peterhead that catches mackerel: primary
  • a housebuilder that constructs new homes in Leeds: tertiary
  • a bank branch in Cardiff that provides banking services to customers: tertiary

Which of the student's classifications is wrong?

[1]
A

The fishing boat's classification

B

The bank branch's classification

C

The housebuilder's classification

D

None; all three are correct

Markscheme

2.1 The role of markets Questions

  1. GCSE
  2. /Economics
  3. /2.1 The role of markets

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.

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