Edexcel IGCSE Economics 1.1.1 A Scarcity Finite Resources and Choice Questions

Practise scarcity questions by classifying needs and wants, then explaining why finite resources force choices in short-answer contexts.

Syllabus
First assessment 2019
Course
Economics 4EC1

Exam points

  • Classify examples such as shelter or smartphones as economic needs or wants.
  • Explain how unlimited wants and finite resources create scarcity and choice.

Edexcel IGCSE Economics 1.1.1 A Scarcity Finite Resources and Choice Questions question 1

[Maximum number: 2]

Describe one reason why infinite wants lead to scarcity.

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