Economics 0455 · IGCSE · Market economic system

Market economic system — practice question

What would be impossible in a market economic system?

  • Aa monopolist supplying specialist goods to the market
  • Bexcessive pollution created by power stations
  • Cgovernments setting minimum wages to relieve poverty
  • Dprivate ownership of firms making defence equipment

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