Economics 0455 · IGCSE · Market economic system

Market economic system — practice question

Which two economic institutions are present in a market economy?

  • Alocal government and charities
  • Bmonopolies and commercial banks
  • Cnationalised industries and partnerships
  • Dstock exchange and public corporations

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