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Jss 1 Business studies past questions for revision part B theory

                                       SECTION B

1. (a) define Production

   (b) State the four factors of Production and their rewards

    (c) List the types of production and explain them

2. (a)  List four types of partners

     (b) list two sources of capital for sole proprietorship form of business

      (c) Give  three examples of extractive production

3. (a) Explain the following (i) producer (ii) wholesaler (iii) retailer (iv) consumer

    (b) State three rewards of being truthful

   (c) Explain partnership deed

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Jss 1 Business studies past questions for revision part B theory

                                       SECTION B

1. (a) define Production

   (b) State the four factors of Production and their rewards

    (c) List the types of production and explain them

2. (a)  List four types of partners

     (b) list two sources of capital for sole proprietorship form of business

      (c) Give  three examples of extractive production

3. (a) Explain the following (i) producer (ii) wholesaler (iii) retailer (iv) consumer

    (b) State three rewards of being truthful

   (c) Explain partnership deed

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