CSEC Principles of Business · 2021 · Paper 2 · Question 1(a)
List FOUR instruments of exchange.
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Practise this questionOther parts of this question
- 1(b)Outline TWO ways in which money facilitates trade in the modern economy.[4 marks]
- 1(c)(i)Sole proprietorships (sole traders)[2 marks]
- 1(c)(ii)Public limited companies[2 marks]
- 1(c)(iii)Cooperatives[2 marks]
- 1(d)Explain THREE ways in which businesses in a free market economy operate when compared to businesses in a planned economy.[6 marks]
More practice: the rest of this paper · more Development of Barter and Money questions · all CSEC Principles of Business past papers