Factors of Production
What L describes factors such as sea, rivers, trees etc
Land
Economic system used in Ireland
Mixed
Sector where individuals own and run businesses
Private
Department which employs nurses and midwives
Department of Health
What E is taking initiative to set up a business
Enterprise
Economic system used in the US
Free Market
Sector where government owns and controls business or sectors
Public
Department which employs teachers
Department of Education
What L is the work people contribute?
Labour
Economic system used in North Korea
Centrally Planned
What is a state enterprise
Business owned by the government
Department which regulates farmers and controls fishing
Department of Agriculture, Food, and the Marine
What is the reward for Enterprise?
Profit
Economic system where the government controls the production of goods and services
Centrally planned
Name 1 state enterprise
RTÉ
Department which employs Gardaí
Department of Justice
What is the reward for Capital?
Interest
Who wrote The Communist Manifesto?
Karl Marx
Is Bord Gáis a state enterprise?
No
Department which promotes Gaeilge and Gaeltachts
Rural and Community Development and the Gaeltacht