Edexcel IGCSE Economics 1.1.5 I Relative Importance of Public and Private Sectors Questions

Practise sector-importance questions by analysing data on government ownership, state employment and dependence on public provision.

Syllabus
First assessment 2019
Course
Economics 4EC1

Exam points

  • Analyse benefits of a large public sector using evidence from the economy.
  • Link government ownership to goods, services, employment and economic dependence.

Edexcel IGCSE Economics 1.1.5 I Relative Importance of Public and Private Sectors Questions question 1

[Maximum number: 6]

A concert venue in Malaysia holds a maximum of 3,200 people for each performance. The quantity of tickets demanded for the most recent concerts is shown in Figure 5.

Figure 5

Figure 5

The Cuban Government owns and runs most industries in the country and more than 75% of the labour force is employed by the state.

With reference to the data above and your knowledge of economics, analyse the benefits of having a large public sector to a country such as Cuba.

All question bank results loaded