CAIE IGCSE Economics 2.8.2 Arguments for and Against the Market Economic System Questions
Practise Cambridge IGCSE Economics by evaluating the benefits and disadvantages of market economic systems.
- Syllabus
- 2027–2029
- Course
- Economics 0455
Exam points
- Explain potential benefits of a market economic system, including choice and efficiency.
- Analyse disadvantages of a market economy, including inequality and poverty.
- Evaluate movement between market, mixed and planned economic systems.
CAIE IGCSE Economics 2.8.2 Arguments for and Against the Market Economic System Questions question 1
[Maximum number: 1]
What would a person believe who wished to encourage the use of the market system?
A
people should have equal living standards
B
people should have freedom of action
C
profit maximisation is wrong
D
the government should correct people's bad behaviour
B
All question bank results loaded