The factors of production and sectors of the economy Flashcards
1
Q
Describe one reason why a computer can be a factor of production.
A
A computer can be used to help make goods and services therefore, a computer is capital
2
Q
State one example of an occupation that is in the secondary sector of the economy.
A
car building/ building construction/ shipbuilding
3
Q
Define the tertiary sector.
A
The provision of services in the economy
