NECO Economics · Foundations of economics

Factors of production: NECO Economics Past Questions and Answers

What the WAEC syllabus covers in Factors of production

Our summary: Land, labour, capital and entrepreneurship, what each one is and why it matters.

  • Land, labour, capital and entrepreneurship – meaning, characteristics and importance

Syllabus content © The West African Examinations Council (WASSCE (harmonised West African syllabus)). NECO questions are matched to the WAEC syllabus topic.

NECO Economics questions on Factors of production

  1. NECO 2009Entrepreneur is associated more with
  2. NECO 2007Which of the following is NOT a feature of land?
  3. NECO 2005The following are rewards for factors of production EXCEPT
  4. NECO 2005The demand for factors of production is said to be
  5. NECO 2004The amount of money required for the day-to-day running of a business is known as
  6. NECO 2002The following are reward for factors of production EXCEPT

Years with Factors of production questions in DeeepSolve's question bank

From the past questions DeeepSolve holds, not a count of everything the exam body has set.

  • 2009
  • 2007
  • 2005
  • 2004
  • 2002