Subject matter of economics questions | form five Economics

(3063) Question Category: Short answers

  1. What is meant by opportunity cost?
  2. Explain the relevance of opportunity cost in the planning process.

Answer / Solution

UNSOLVED

(3064) Question Category: Long answers

The economic problems are results of the scarcity of resources. Discuss.

Answer / Solution

UNSOLVED

(3065) Question Category: Long answers

  1. In what ways do command economies and market economies differ?
  2. What are the advantages and disadvantages of each of the two economic systems in (a) above?

Answer / Solution

UNSOLVED

(3066) Question Category: Long answers

  1. How does the mode of production differ from an economic system?
  2. Tanzania is an example of a mixed economy. Cuba is a socialist economy and United Kingdom(UK) is a capitalist economy. Explain.

Answer / Solution

UNSOLVED

(3067) Question Category: Short answers

Why do some writers describe UK as a mixed economy?

Answer / Solution

UNSOLVED


View All Topics
News & Updates | Recently
Recent Updates
questions

2024-05-02: questions

Questions Uploaded on 2024-05-02


questions

2024-03-29: questions

Questions Uploaded on 2024-03-29


questions

2024-03-19: questions

Questions Uploaded on 2024-03-19

Dismissible in 10 seconds