GCSE Economics 2

One advantage of the division of labour/specialisation is....?

Henry Ford......

In the division of labour workers are...?

Specialisation and the Division of Labour created a need for..?

The increased importance of the tertiary sector and decreased of the primary and secondary is..

A rise in price causes.....

Which of the following organisations is in the public sector?

A payment per product produced made by the Government to a business is known as a......?

A supply curve slopes upwards from left to right because...?

An increase in supply is likely to be caused by.......?

An extension in supply is caused by........?

The only thing that can cause a movement along a demand curves is a change in...?

Which of the following is most likely to cause a decrease in demand for a good?

What is likely to happen to equilibrium price and quantity if there is a decrease in supply?

Which of the following workers, work in the tertiary sector

What is likely to happen to equilibrium price and quantity if there is an decrease in demand?

The primary, secondary and tertiary sectors all rely on each other. This is known as...?

When supply and demand interact to create a market price this is known as...................?

What is likely to happen to equilibrium price and quantity if supply rises and demand rises?

If the Government places an indirect tax on a product it is likely to cause.......?