A-LevelEconomicsGovernment microeconomic intervention9708/12 · May/June 2020 · Q181 Mark
A country's railways are currently run by private firms. It has been suggested that the government should nationalise the railways. What might be a reason for this?
Ato control prices of railway services
Bto encourage competition in railway services
Cto increase the profit incentive
Dto provide jobs for local people
✓ Correct answer
A: to control prices of railway services
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