GRADED CLASS WORK

 

FACTORS OF PRODUCTION   TOTAL  20 marks

(a) Draw a table that summarizes the factor of production. The table must include the alternate names for each factor of production, the reward for each factor of production and any two other pieces of information that can be used to summarize the factor of production.  (8 marks)

(b) Students are given three countries in the Caribbean and ask the raw material is that island known for. (3 marks)

(c)Explain THREE factors that determine the quantity of labour. (6 marks)

( d) State  TWO  factors that determine the quality of labour/productivity of the labour force. (2 marks)