Economics 0455 · IGCSE · Market economic system

Market economic system — practice question

What is one probable advantage of a country changing from a mixed economy to a market economy?

  • Aless inequality
  • Bmore nationalisation
  • Cmore public goods
  • Dreduced costs of production

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI