Economics

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  • Created by: SHannahL
  • Created on: 15-09-13 19:48
What are the factors of Production?
Capital, Enterprise, Land, Labour
1 of 5
What are the market sectors?
Primary, Secondary, Tertiary
2 of 5
Factors affecting Demand?
Population, advertising, substitutes, income, fashion, interest rates, compliments
3 of 5
Factors affecting supply?
Productivity, Indirect taxes, number of firms, technology, subsidies, weather, cost of production
4 of 5
What is the economic problem?
Limited resources and Infinite wants
5 of 5

Other cards in this set

Card 2

Front

What are the market sectors?

Back

Primary, Secondary, Tertiary

Card 3

Front

Factors affecting Demand?

Back

Preview of the front of card 3

Card 4

Front

Factors affecting supply?

Back

Preview of the front of card 4

Card 5

Front

What is the economic problem?

Back

Preview of the front of card 5

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