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Author Topic: Economics AS Level P2 oct/nov10  (Read 2508 times)

Offline krtcobain82

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Economics AS Level P2 oct/nov10
« on: April 23, 2011, 06:18:07 pm »
Guys I need explanation on the question

Q) Discuss whether money or the division of labour is likely to have contributed more to economics progress?
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Offline Dasith

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Re: Economics AS Level P2 oct/nov10
« Reply #1 on: April 27, 2011, 01:49:27 am »
This question is asking us to compare completely 2 different things :O
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Offline Dasith

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Re: Economics AS Level P2 oct/nov10
« Reply #2 on: April 27, 2011, 11:53:53 am »
k here we go;

U could first Define what Division of labour & what money.Then explain about them,
give advantages of using money i.e + points on money, you could also include very briefly the functions & characteristics of money & how they help people to do transactions, i.e how they help the economy. Then give the disadvantages of money(there is very few).try to find any link between money & division of labour Explain it if possible.Give advantages & how division of labour lead to economic growth, specialisation between countries & within different industries in a country. Give examples; possibly about the large change in output of a firm with division of labour(car industry).Show bit of disadvantages.I recomend giving an open ended conclution as you cannot say which is better of the two, both have contributed greatly to economic growth.You can stick to one side if you have strong points & is critical in explanation.
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Offline dj_dead

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Re: Economics AS Level P2 oct/nov10
« Reply #3 on: May 16, 2011, 11:38:56 pm »
okay . this question sounds funy at frst look, but it realy is simple. according to the mark scheme, u get:

4 marks  for giving meaning of money and division ov labour

4 marks  for giving the impact money has had on the economy

4 marks   for giving the impact division of labour has had on the economy

theres ur 8 marks, the rest of the 4 marks are for ur judgement, well if u look at it logically, i think division of labour did the better job, no? =)
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Offline Dasith

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Re: Economics AS Level P2 oct/nov10
« Reply #4 on: May 17, 2011, 12:13:43 pm »
Quote from: dj_dead on May 16, 2011, 11:38:56 pm
okay . this question sounds funy at frst look, but it realy is simple. according to the mark scheme, u get:

4 marks  for giving meaning of money and division ov labour

4 marks  for giving the impact money has had on the economy

4 marks   for giving the impact division of labour has had on the economy

theres ur 8 marks, the rest of the 4 marks are for ur judgement, well if u look at it logically, i think division of labour did the better job, no? =)

na i dont think division of labour did the better job !, after all its money that made firms specalise , money came b4 division of labour ;)

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Re: Economics AS Level P2 oct/nov10
« Reply #5 on: May 17, 2011, 11:44:33 pm »
omg this question is really vague i wonder how ppl who sat 4 may/june 10 answered !!
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Offline dj_dead

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Re: Economics AS Level P2 oct/nov10
« Reply #6 on: May 18, 2011, 12:37:18 am »
Quote from: Dasith on May 17, 2011, 12:13:43 pm
na i dont think division of labour did the better job !, after all its money that made firms specalise , money came b4 division of labour ;)



but dude, wht bout all da stuff division of labor has done? i mean it aint bout what came frst or last, is it? its bout what made da greater conttribution..i mean division of labour led to specialization which made international trade possible...like it wsnt even considerable before all of dat was it?
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Offline Dasith

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Re: Economics AS Level P2 oct/nov10
« Reply #7 on: May 18, 2011, 02:03:08 am »
yeaa , but u knw there was trade b4 specialisation , as soon as they made ships they needed supplies 4 them so they bought things from other countries when traveling , becoz those days it was a common currency used i mean same value i.e becoz gold was used!(in a way those  times were better than now!). But imagine Trade without money ,i mean trade with the bartar system lol, that would hav made trade impossible !
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Offline Dasith

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Re: Economics AS Level P2 oct/nov10
« Reply #8 on: May 18, 2011, 02:04:47 am »
Quote from: ***exam*** on May 17, 2011, 11:44:33 pm
omg this question is really vague i wonder how ppl who sat 4 may/june 10 answered !!
hope it dosent get any worse this time! lol , By the way we got a choise , thats the best part i like about econ ;)
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Offline dj_dead

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Re: Economics AS Level P2 oct/nov10
« Reply #9 on: May 19, 2011, 04:01:43 pm »
so how ws it den? =P
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Offline Dasith

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Re: Economics AS Level P2 oct/nov10
« Reply #10 on: May 19, 2011, 04:03:49 pm »
hmmm kind of ok i guess, but u can never be sure most of the times when i say ok its not ok ;D

hw was it 4 u ?
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Re: Economics AS Level P2 oct/nov10
« Reply #11 on: May 20, 2011, 10:36:57 am »
Quote from: Dasith on May 18, 2011, 02:04:47 am
hope it dosent get any worse this time! lol , By the way we got a choise , thats the best part i like about econ ;)

choices r gr8 cuz i kick out the 25 marks questions :P


well abt the division of labour or money !! here !! the answer cld be both !! there is nothing like wrong or right ! its just 1 should have enough points to support their answer !! thats wad cie asks 4 ! :)

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Offline Dasith

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Re: Economics AS Level P2 oct/nov10
« Reply #12 on: May 20, 2011, 10:47:16 am »
Quote from: ***exam*** on May 20, 2011, 10:36:57 am
choices r gr8 cuz i kick out the 25 marks questions :P


well abt the division of labour or money !! here !! the answer cld be both !! there is nothing like wrong or right ! its just 1 should have enough points to support their answer !! thats wad cie asks 4 ! :)



lool thats wat i said in the first place check my ans , this is a repeat :P
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Re: Economics AS Level P2 oct/nov10
« Reply #13 on: May 20, 2011, 10:53:31 am »
Quote from: Dasith on May 20, 2011, 10:47:16 am
lool thats wat i said in the first place check my ans , this is a repeat :P

well sorry 4 the repeat but i aint gonna delete the post 1 it will decrease my post count :P  ::)
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Offline Dasith

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Re: Economics AS Level P2 oct/nov10
« Reply #14 on: May 20, 2011, 10:57:48 am »
Quote from: ***exam*** on May 20, 2011, 10:53:31 am
well sorry 4 the repeat but i aint gonna delete the post 1 it will decrease my post count :P  ::)

u wanna increase your post count ?
u cud start spaming ;) or do the tug of war thing ;D
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