When you have completed this study unit you will be able to:
- Describe the inputs required by business and how markets operate.
- Describe the industrial sectors in a modern economy and outline recent changes in the British economy.
- Show the relationship between total population and the labour force and explain the effects of changes in the population on the labour force.
- Distinguish between the private and public sectors of the economy.
- Explain how different organisations are owned and controlled with reference to their stakeholders.
- Teacher: Dionne Ligoure