WAEC (WASSCE) Economics · Foundations of economics

Factors of production: WAEC 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)).

WAEC (WASSCE) Economics questions on Factors of production

  1. WAEC 2024Other things being equal, an increase in the demand for land in the short-run will cause an increase in the
  2. WAEC 2024Which of the following is not a feature of labour?
  3. WAEC 2023Which of the following items is not classified as working capital?
  4. WAEC 2022A major characteristic of natural resources is that they
  5. WAEC 2021The coefficient of price elasticity of supply of land is usually …
  6. WAEC 2021The supply of land for agricultural purpose can be increased through …
  7. WAEC 2021Examples of land that are non-renewable include …
  8. WAEC 2021The distinguishing function of an entrepreneur is …
  9. WAEC 2020Land as a factor of production is made useful through the
  10. WAEC 2018the organisation of productive factors is the reponsibility of the?
  11. WAEC 2018which of the following cannot be classified as a natural resource
  12. WAEC 2018which of the following is true about supply of land?
  13. WAEC 2017which of the following items is not an example of circulating capital
  14. WAEC 2017Which of the following resources is renewable
  15. WAEC 2016Which of the following cannot be classified as land in economics

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.

  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2018
  • 2017
  • 2016