A-level Paper 1, June 2019Markets and Business Behaviour

A-level Paper 1, June 2019, Q5(a)

Explain how resources are allocated in a free market economy.

Short answerExplain2 marks

Context

Free market economics is being challenged. The arguments for and against are being increasingly discussed within many countries.

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Specification topics

Free market economies, mixed economy and command economyPrice mechanism

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