May/ June 2002
1.(a) List TWO types of economic systems. (2mks)
(b) Explain the differences between the types of economic systems listed in (a) above. (4mks)
(c) Suggest two ways by which the government of your country can control business activity. (4mks)
Total 10 marks

2. May/ june 2003- Question 2
a) List TWO functions of a business. (2 marks)
(b) Briefly describe TWO of the following types of business organisations:
(i) Partnership
(ii) Public Limited Company
(iii) Co-operative (4 marks)
(c) State TWO advantages which the Public Limited Company has over the Partnership type of business. (4 marks)


One thought on “Past CXC Questions part 1

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s