|⏰ Timing||▶ Command Word||% Final Grade|
|16 mins||Analyse||8 %|
If you select question 5 or 7 from the optional questions on paper 1, there is one 8 mark analysis question on paper 1 to answer, so that’s 20% of the total marks for the paper.
In AS paper 1 you’ve got nearly 2 minutes per mark so spend 16 minutes on the 8 mark question.
This question is split up with two marks for knowledge, two marks for application and four marks for analysis.
The recommended structure is two or three chains of analysis focused on the context of the question. The command word is ‘analyse’ therefore’, an evaluative conclusion is not required.
⭐⭐⭐Pro Tip – Learn Definitions⭐⭐⭐
There are 4 marks for analysis on this question and just 2 for knowledge so aim for depth of analysis rather than explaining every possible knowledge point.
If you have time at the end of the exam it can be helpful to re-read and review your answer, to ensure each paragraph has developed analysis.
✍🏽 Exemplar Question and Solution 💡
| (a) Analyse the impact of small businesses on the development of a country.  |
The EU defines small business as either having fewer than 50 employees or turnover of up to €10 million Nearly, all businesses start small. Amazon started in 1995 in a garage selling books online with a start up capital of $250,000. Today it is a multibillion, multinational company. In this way small business may be the building blocks for future large businesses and become significant players in national and international markets.
This means they can have a huge impact in the economic development of a country by providing tax revenue.
Small business can be more innovative. Facebook started in 2003 as a small business set up by a college student. By creating new ideas about how people interact socially in an innovative digital platform it grew to be a huge tech company. This not only inspired tech entrepreneurs to innovate in the USA but Facebook as continued to be involved in the research and development of new software and apps, like it’s move into Cryptocurrency in 2019.
This has a huge impact on the technological and innovative development of a country.
Small businesses Reducing unemployment. For example in India small and medium-sized businesses employ around 40% if the workforce. This means a huge number of people are employed and working productively as a result of small business activity. Without small businesses these people would be unemployed and a drain on the resources of developing countries.
As a result workforce employed by small businesses have salaries to spend in the local economy, further increasing economic growth and development.