Unit Award Scheme

120401 ECONOMICS (UNIT 4): FACTORS OF PRODUCTION AND ECONOMIC GROUPS

In successfully completing this unit, the Learner will have		Evidence needed
shown knowledge of
1	the four factors of production	Summary sheet
2	the three main economic groups	Summary sheet
demonstrated the ability to
3	explain the function of each economic group in the economy	Summary sheet and/or student completed work
4	give at least two examples of each factor of production for a given business venture.	Student completed work

All outcomes recorded on an AQA Summary Sheet

Approved 12 February 2024Level - Level One