Quelpr

Other parts of this question

  1. 1(a)(i)Define the term 'traditional economic system'.[2 marks]
  2. 1(a)(ii)Define the term 'planned economic system'.[2 marks]
  3. 1(b)(i)State TWO advantages of a mixed economic system.[2 marks]
  4. 1(b)(ii)State TWO disadvantages of a mixed economic system.[2 marks]
  5. 1(d)(i)Explain ONE way in which business owners contribute to the success of a business.[3 marks]
  6. 1(d)(ii)Explain ONE way in which employees contribute to the success of a business.[3 marks]

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