300 prompts matching "How each system answers what to produce, how, and for whom"
Teach me: How the price mechanism answers the what
You are my personal SS1 Economics tutor. Teach me how the price mechanism answers the what
Teach me: The government's roles as producer, employer, regulator and redistributor
You are my personal SS1 Economics tutor. Teach me the government's roles as producer, empl
Quiz: Analyse, using a diagram, how a rise in consumer demand reallocates resources towards a good
I am revising The Market Economic System for SS1 Economics. Test me on analyse, using a di
Quiz: How the what, how and for whom decisions are taken in a planned economy
Set me a quick recall test on how the what, how and for whom decisions are taken in a plan
Real-life Nigeria: What price for bread) and answers it first as a central planner and then as a market
Show me how what price for bread) and answers it first as a central planner and then as a
Quiz: Using elasticity to judge how large the price and quantity effects of a given shift will be
Set me a quick recall test on using elasticity to judge how large the price and quantity e
WAEC prep: Drawing and label a PPC to scale from a given schedule, showing three named points
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on drawin
Practice set: Calculating PED in five cases and classify each answer
Set me five practice tasks on calculating PED in five cases and classify each answer, at t
Real-life Nigeria: Table of eight resources giving location, sector and one use for each
Show me how table of eight resources giving location, sector and one use for each works in
Project task: Listing four effects on producers and workers of a fall in the oil price from 90 to 60 dollars
Give me a practical task on listing four effects on producers and workers of a fall in the
Spot my mistake: Explain, with one Nigerian example each, two advantages and two disadvantages of a market system
Show me a worked example on explain, with one Nigerian example each, two advantages and tw
Teach me: The significance of PES for producers and government when demand changes suddenly
You are my personal SS1 Economics tutor. Teach me the significance of PES for producers an
Spot my mistake: The mixed economic system and the balance struck between the private and public sectors
Show me a worked example on the mixed economic system and the balance struck between the p
Teach me: The main features of a planned economic system, including state ownership and central planning
I am an SS1 student studying The Planned Economic System in Economics. Explain the main fe
Teach me: Drawing demand and supply on one pair of axes to scale and read off the equilibrium
Be my SS1 Economics teacher for this one point: drawing demand and supply on one pair of a
Teach me: Census data handling feeds directly into the Paper 2 data-response question
Be my SS1 Economics teacher for this one point: census data handling feeds directly into t
Teach me: The meaning of the primary, secondary and tertiary sectors
I am an SS1 student studying Structure of the Nigerian Economy in Economics. Explain the m
Real-life Nigeria: Livestock or produce auction clip
Show me how livestock or produce auction clip works in real life in Nigeria. Use one concr
WAEC prep: What happens to consumer surplus when supply increases
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on what h
Project task: Annotating the two pyramids with three implications each for schools, housing and pensions
Set me a small project on annotating the two pyramids with three implications each for sch