Note:

IGCSE Economics Last Minute Revision Sheets -Set-3

• About this section:
• This section , known as the " Last Minute Revision Section"  or the LMR section is aimed to help speedy revision during board exam time and even otherwise.
• Each LMR sheet set contains answers to 7 questions taken randomly from the syllabus.
• All material is  compiled by Cambridge trained staff and is strictly in tune with the syllabus requirements and in the Cambridge required vocabulary
• We all know that the IGCSE syllabus is based on concepts and application skills. The LMR sheets will help you develop strong concepts with the necessary examination vocabulary.
• When one religiously makes an effort to learn through these  LMR sheets , there are no  remote chances of he/she losing marks in the exams.

CONTENTS OF LMR-SET-3:

The first set contains answers to the following questions:

1. Describe the functions of money.
2. Describe how an individual's earning are likely to change over their life-time.
3. Describe why some individuals spend less than their income, while others spend more.
4. Describe whether an economy would benefit from its government   intervening to regulate an industry
5. Explain the economic reasons why  some people may  decide to move from rural parts to cities.
6. What are the features that suggest that a particular country is a developing country.
7. What is meant by a regressive indirect tax?