Economic Foundations
Akopọ
A finance minister sits down with a budget of forty billion and a list of demands worth ninety. A farmer with sixty hectares can plant maize or cassava but not both on the same ground. You have one free evening and three things you would enjoy doing. Three completely different people, one identical problem: the wanting is endless and the means are not. Economics begins at exactly that point, and everything else in this course is built on it.
In this lesson you will pin down what an economic resource actually is, name the four factors of production and the reward each one earns, and meet the three questions every society on earth has to answer about production. You will learn to separate a need from a want and to see why that line moves as a country gets richer. Then you will meet the idea that examiners come back to more often than any other in the first weeks of this course: opportunity cost, the thing you gave up in order to have what you chose.
Awọn Afojusun
- Needs and wants
- The central purpose of economic activity
- The key economic decisions
- The main economic groups
- The factors of production The factors of production
- Making choices
- The basic economic problem
- Costs and benefits of economic choices, including opportunity costs
Àwòrán ọpọlọ
A ti ṣe àwòrán kókó yìí kí o lè rí bí àwọn èrò ṣe so pọ̀.
Ṣí àwòrán ọpọlọ nínú áàpù
Akọ̀wé Ẹ̀kọ́
Àkọsílẹ̀ Ẹ̀kọ́ Pípé wà lórí Ohun Èlò Green Bridge
Gba ohun èlò Green Bridge CBT sórí fóònù tàbí kọ̀mpútà rẹ fún gbogbo ilé ìkàwé IGCSE: ìwé ìdánwò àtijọ́, ìlànà ìdíwọ̀n, àwòrán èrò, káàdì ìkẹ́kọ̀ọ́ àti ẹ̀kọ́ ohùn.
Ìdánwò Ẹ̀kọ́
Oriire fun ipari ẹkọ lori Economic Foundations. Ni bayi ti o ti ṣawari naa awọn imọran bọtini ati awọn imọran, o to akoko lati fi imọ rẹ si idanwo. Ẹka yii nfunni ni ọpọlọpọ awọn adaṣe awọn ibeere ti a ṣe lati fun oye rẹ lokun ati ṣe iranlọwọ fun ọ lati ṣe iwọn oye ohun elo naa.
Iwọ yoo pade adalu awọn iru ibeere, pẹlu awọn ibeere olumulo pupọ, awọn ibeere idahun kukuru, ati awọn ibeere iwe kikọ. Gbogbo ibeere kọọkan ni a ṣe pẹlu iṣaro lati ṣe ayẹwo awọn ẹya oriṣiriṣi ti imọ rẹ ati awọn ogbon ironu pataki.
Lo ise abala yii gege bi anfaani lati mu oye re lori koko-ọrọ naa lagbara ati lati ṣe idanimọ eyikeyi agbegbe ti o le nilo afikun ikẹkọ. Maṣe jẹ ki awọn italaya eyikeyi ti o ba pade da ọ lójú; dipo, wo wọn gẹgẹ bi awọn anfaani fun idagbasoke ati ilọsiwaju.
- Which of the following is the central purpose of economic activity? A. Earning the highest possible incomes B. Making the largest possible profits C. Producing goods and services to satisfy needs and wants D. Reducing the level of unemployment Answer: C
- Which of the following would be classed as an economic resource? A. Enterprise B. Money in a bank account C. Productivity D. Profit Answer: A
- Which reward is earned by the factor of production called capital? A. Interest B. Profit C. Rent D. Wages Answer: A
- A family can afford either a new fridge or a week away, both costing the same. They choose the week away. What is the opportunity cost of their decision? A. The money they spent B. The new fridge C. The week away D. Both the fridge and the money Answer: B
- Which of the following is NOT one of the three key economic decisions? A. How to produce B. What to produce C. When to stop producing D. Who is to benefit from what is produced Answer: C
Ṣiṣẹ́ lórí àwọn ìbéèrè wọ̀nyí nínú ohun èlò náà
Ṣiṣẹ́ lórí àwọn ìbéèrè wọ̀nyí nínú ohun èlò náà
Awọn Iwe Itọsọna Ti a Gba Nimọran
Ṣe Adaṣe Awọn Ibeere Idanwo Adaṣe
Ṣe o fẹ ṣe adaṣe awọn ibeere idanwo adaṣe nipa Economic Foundations? Ṣe igbasilẹ ohun elo Green Bridge CBT lati wọle si awọn ibeere idanwo adaṣe ati awọn ayẹwo adaṣe kikun fun koko-ọrọ yii.
Ṣe igbasilẹ ohun elo naa lori Google Playstore
Gbogbo ohun ti o nilo lati ṣe dara julọ ninu JAMB, WAEC ati NECO.
