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ScotlandBusiness ManagementQuick questions

Understanding Business

Quick questions on Role of business in society - SQA Higher Business Management

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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Distinguish between a need and a want, giving an example of each. [2 marks]
What is q2?
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Explain the difference between the public sector and the third sector of the economy. [4 marks]

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