Economies and Diseconomies of Scale- 02/08/2016, Economic Systems-04/08/16, Nationalisation & Denationalisation-04/08/16
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Created by Teddy-Ann Quam
almost 8 years ago
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Close
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Created by Teddy-Ann Quam
almost 8 years ago
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What are Economies of Scale?
What are internal Economies of Scale?
What are External EOS
What are the five types of internal Economies of Scale?
What are the five types of External Economies of Scale?
what are diseconomies of scale?
What are internal diseconomies of scale?
What are External diseconomies of scale
What are the three types of internal Diseconomies of scale
What are external Diseconomies of scale
What is an economic system?
What is a free economic system?
What are three characteristics of the Free/ Capitalist Economic system
Give one advantage and one disadvantage of a Free economic system
What are three characteristics of a Planned/Command/Communist Economy
What is one advantage and one disadvantage of a Planned Economic System
What are two characteristics of a mixed economy?
What is one disadvantage and one advantage of a mixed Economic system?
What is a Nationalisation?
What is Denationalisation?
