A-level Paper 1, June 2023Markets and Business Behaviour
A-level Paper 1, June 2023, Q1(b)
Which one of the following economic thinkers supported the idea of a command economy?
Multiple choice1 mark
Context
In a major reform of its command economy, the Cuban government will allow small private businesses to operate in most fields. Free market economists have long called for the role of small business to be expanded to help jump-start the economy and to create jobs.
AAdam Smith
BFriedrich Hayek
CJohn Maynard Keynes
DKarl Marx
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