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Edexcel A-Level Economics AS 2.3.6 3b Free Market Policies Deregulation of Product and Labour Markets Privatisation Questions

Use Edexcel IAL Economics 2.3.6.3b evidence to classify privatisation as free-market policy and connect profit incentives with productive efficiency.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
AS

Exam points

  • identify privatisation as a free-market supply-side policy and link the profit motive to greater efficiency

Edexcel A-Level Economics AS 2.3.6 3b Free Market Policies Deregulation of Product and Labour Markets Privatisation Questions question 1

[Maximum number: 1]

Japan's productivity is significantly lower than the productivity of France and Italy. The Government of Japan aims to increase the country's productivity.

Which one of the following is a free market supply-side policy?

A

Investment in education and training

B

Privatisation of state-owned industries

C

Investment in infrastructure projects

D

Providing finance for business start-ups

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