Work Sheet IGCSE Economics and Business Studies - The factors of production and Factor Mobility

A Work Sheet for the IGCSE Economics 0455 syllabus for 2020, 2021 and 2022 exam requirements. The tasks in it cover more than one or two lessons. Assuredly, it will help you to fully engage your key stage 4 students during lessons as well prepare them for the ‘A and A* grades’ in the final examinations. All you need to do is print out the part of the work sheet you want to use, explain and/or discuss the sub topic for no more than 5 - 10 minutes and guide the students as they work on the tasks. If the need arises, let them consult their text books and discover things by themselves. You can record any part of it as assessment tests towards their examination.

Objectives:
The factors of production Topic 1.2.1 definitions of the factors of production and their rewards. Guidance Definitions and examples of land, labour, capital and enterprise. Examples of the nature of each factor of production. 1.2.2 mobility of the factors of production The influences on the mobility of the various factors. 1.2.3 quantity and quality of the factors of production The causes of changes in the quantity and quality of the various factors.