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Assessing Economies as a Production Location and Market

Edexcel 9EB0T3-2bA-levelLesson packSubscription
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  • 11 questions
  • 45 marks
  • about 55 minutes
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Question types: short answer, multiple choice, true or false, fill the gap, matching.

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A UK cosmetics brand is deciding whether to start selling its products in Bracknall Vale, where average household disposable income has been rising steadily for the past six years, giving households increasingly more spare income to spend on non-essential goods. Which factor does this describe?

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About this resource

Edexcel Economics B (9EB0) Theme 3 'The global economy' (Paper 2), Unit T3-2 'Business expansion and global companies' — spec ref 3.2.2. The factors a firm weighs up when deciding WHERE to locate production and WHICH markets to enter overseas: for a PRODUCTION LOCATION — costs of production (incl…

20 slides.

Lesson outline

  1. Do Now — Retrieval
  2. Hinge Check — Which Factor Is This?
  3. What Makes a Country Attractive for PRODUCTION?
  4. What Makes a Country Attractive as a MARKET?
  5. Hinge Check — Production Factor or Market Factor?
  6. Location Decisions — Mapped
  7. Production Location vs Market — Side by Side
  8. Hinge Check — Both, or Just One?
  9. Worked Example — Wage Rate vs Unit Labour Cost
  10. Quick Check — Calculate Unit Labour Cost
  11. Misconception Check
  12. Main Activity — TrailBlaze Outdoor Gear
Unit bundleTheme 3 · The global economy
Part of: Theme 3 · The global economy: the whole unitEvery resource in the unit in one zip.

More from Theme 3 · The global economy