Here's this week economics news quiz! The quiz has 8 multi-choice questions about news events relating to economics from the previous 7 days. Most of the questions relate to the UK economy but some ...

Market failure happens when the price mechanism fails to allocate scarce resources efficiently or when the operation of market forces lead to a net social welfare loss Market failure exists when the ...

In economics, resource depletion refers to the reduction or exhaustion of natural resources due to overconsumption, excessive extraction, or unsustainable use. It occurs when the rate at which ...

Instant digital download available for this comprehensive suite of assessment resources for Edexcel GCSE (9-1) Business. Assessment Resources for Edexcel A-Level Business Instant digital download ...

The difference between renewable and non-renewable resources lies in their availability and ability to replenish over time. Here’s a breakdown of the key differences: Definition: Renewable resources ...

In economics, resource depreciation refers to the decline in the value or productive capacity of a natural or physical resource over time, usually as a result of its ...

According to the Bank of England, in a modern economy, money is a type of IOU, but one that is special because everyone in the economy trusts that it will be accepted by other people in exchange for ...

The Treaty of Berlin was a neutrality treaty signed with the Soviet Union in 1926 Share on Facebook Share on Twitter Share by Email Facebook Twitter YouTube Instagram ...

What are the economic costs of the recent widespread flooding across Europe? The recent floods in Central Europe are projected to cause significant economic losses, potentially exceeding €1 billion.

Join the tutor2u Business team for livestreamed revision to help prepare for mocks, other assessments and the 2025 summer exams Everything you need is here to deliver the Edexcel A-Level Business ...

Sociologists use a number of different types of observation in their research. They can be participant or non-participant and can be covert or overt. Overt observation is where those being observed ...

In economics, “there is no such thing as a free lunch!” Even if we are not asked to pay money for something, scarce resources are used up in production and there is an opportunity cost involved.