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- Does not involve exchange and therefore no surplus production
- There is limited use of modern technology
- There is use of economic resources/ capital
Githiari answered the question on September 19, 2017 at 14:45
- Classify each of the following production activities as either primary or tertiary. (a) Digging clay soil (b) Constructing a bridge (c) Selling in shop (d) Making tea (e) Transporting medicine(Solved)
Classify each of the following production activities as either primary or tertiary
a) Digging clay soil
b) Constructing a bridge
c) Selling in shop
d) Making tea
e) Transporting medicine
f) Growing vegetables
Date posted: September 19, 2017. Answers (1)
- Outline four ways in which commerce satisfies human wants(Solved)
Outline four ways in which commerce satisfies human wants
Date posted: September 19, 2017. Answers (1)
- State whether each of the following activities would satisfy basic or secondary needs. (a) Buying clothes for the family (b) Transporting farm produce (c) Providing food for school...(Solved)
State whether each of the following activities would satisfy basic or secondary needs.
a) Buying clothes for the family
b) Transporting farm produce
c) Providing food for school children
d) Entertaining a guest
Date posted: September 19, 2017. Answers (1)
- State four reasons why a government may decide to control the exploitation of its natural resources.(Solved)
State four reasons why a government may decide to control the exploitation of its natural resources.
Date posted: September 19, 2017. Answers (1)
- Highlight four disadvantages of mining as an economic activity(Solved)
Highlight four disadvantages of mining as an economic activity
Date posted: September 19, 2017. Answers (1)
- Differentiate between a proforma invoice and commercial invoice?(Solved)
Differentiate between a proforma invoice and commercial invoice?
Date posted: September 15, 2017. Answers (1)
- Outline three characteristics of basic human wants(Solved)
Outline three characteristics of basic human wants
Date posted: September 13, 2017. Answers (1)
- Classify each of the following goods as either producer or consumer (a) Factory (b) privates car (c) Iron ore (d) Tools (e) Exercise books (f)...(Solved)
Classify each of the following goods as either producer or consumer
a) Factory
b) privates car
c) Iron ore
d) Tools
e) Exercise books
f) Clothing
Date posted: September 13, 2017. Answers (1)
- Highlight four ways in which business studies is useful to a community(Solved)
Highlight four ways in which business studies is useful to a community
Date posted: September 13, 2017. Answers (1)
- State four positive effects of inflation in an economy(Solved)
State four positive effects of inflation in an economy.
Date posted: September 8, 2017. Answers (1)
- Why are many hypermarkets mushrooming in Kisumu city?(Solved)
Give reasons why many hypermarkets are mushrooming in Kisumu city.
Date posted: August 17, 2017. Answers (1)
- In what ways have mobile phones contributed to business development in Kenya?(Solved)
List ways in which mobile phones have contributed to business development in Kenya.
Date posted: August 17, 2017. Answers (1)
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Discuss the limitations of consumer initiated methods of protection.
Date posted: August 17, 2017. Answers (1)
- What are the common things found in a complete economic integration?(Solved)
List the common things found in a complete economic integration.
Date posted: August 17, 2017. Answers (1)
- What are the characteristics of parastatals?(Solved)
List the characteristics of parastatals.
Date posted: August 17, 2017. Answers (1)
- What contributes to low taxable capacity in developing countries?(Solved)
Give reasons which contribute to low taxable capacity in developing countries.
Date posted: August 17, 2017. Answers (1)
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Highlight the characteristics of insurable risks.
Date posted: August 17, 2017. Answers (1)
- What are the principles of government expenditure?(Solved)
List the principles of government expenditure.
Date posted: August 17, 2017. Answers (1)
- What is the difference between shares and debentures as sources of finance?(Solved)
List the difference between shares and debentures as sources of finance.
Date posted: August 16, 2017. Answers (1)
- What benefits would accrue to a businessman who uses a Liner rather than Tramps Steamers?(Solved)
Highlight benefits that would accrue to a businessman who uses a Liner rather than Tramps Steamers.
Date posted: August 16, 2017. Answers (1)