Get premium membership and access revision papers with marking schemes, video lessons and live classes.
  OR
Processing. Please wait.

 KCSE business studies paper 1 revision questions and answers Set 3

Identify four reasons why most countries are getting rid of direct production

 (2m 56s)
1762 Views     SHARE

Download as pdf file

Answer Text:
-It does not allow specialization
-Promotes individualism
-Does not encourage invention and innovation since it does not make use of modern technology
-Limits the choice of the producer since he cannot produce a significantly wide variety of goods
-Does not provide surplus for selling in the market
-Goods produced are generally a low quality since there is no competition for the market


|