Economics 0455 · IGCSE · Market economic system

Market economic system — practice question

State one disadvantage of a market economy.

  • Anot enough competition
  • Bnot enough merit goods
  • Cno consumer choice
  • Dstate intervention

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