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1.2.1 Production

Syllabus
2026
Topic
1.2.1
Level

1.2.1.a Factors of production

The factors of production:

  • land
  • labour
  • capital
  • enterprise.

1.2.1.b Sectors of the economy

Sectors of the economy:

  • primary
  • secondary
  • tertiary.

1.2.1.c Changing sector importance in developed and developing economies

Explain changes over time in the employment and output shares of the primary, secondary and tertiary sectors in developing and developed economies.

Objective notes

3 learning objectives
ConceptIGCSE Economics