4 marksFactors and Sectors of Production

CSEC Economics · May/June 2010 · Paper 2 · Question 2(d)

Explain TWO advantages that may be derived from the division of labour in the tourism industry.

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Other parts of this question

2(a)Define the term 'productivity'.[2 marks]
2(b)Identify THREE rewards that can be gained by the factors of production.[3 marks]
2(c)Discuss TWO reasons why a centrally-planned economy tends to be LESS efficient than a market-based economy.[6 marks]

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