G.C.E O/L ECONOMICS 2000 PAPER 2
1 (a) Why do firms integrate vertically?
(b) Explain how each of the following may influence the location of any one manufacturing industry:
- Availability of raw materials
- Nearness to a market.
2 State and explain any five functions of the following in the channel of distribution of goods:
- Wholesaler
- Retailer
3 Compare a public company and a public corporation with respect to the following:
- Formation
- Objectives
iii. Ownership
iv. Sources of Finance.
4
a. What is meant by demand pull inflation
b. Briefly explain any three measures a country makes to control it cost push inflation.
c. Briefly explain three measures a country may take to control it demand pull inflation.
5 “No improvement, no economic development”. State and explain four ways by which the government assists in the economic development of a country.
Christine tzlla
January 19, 2021
Thanks a lot