Use a production possibility curve diagram(s) to distinguish between the growth of an economy and a reduction in the number of unused resources in an economy and explain one reason that might cause each to occur.

Mark scheme

Marking points from the official mark scheme (May/June 2020). The mark or mark type is shown in brackets.

1. For knowledge and understanding of a production possibility curve with appropriate and correctly labelled axes. (2 marks)
2. For application using a production possibility curve diagram that shows the growth of an economy illustrated through a shift outward of the curve with a valid example (1 mark) and explanation (1 mark) of what might cause this to happen (Up to 3 marks)
3. For application using a production possibility curve diagram that shows a reduction in the number of unused resources illustrated through a movement from within the curve to a point on or nearer to the curve together (1 mark) with a valid example (1 mark) and explanation (1 mark) of what might cause this to happen (Up to 3 marks)
4. Up to 8 marks for Analysis
5. For analysis of the way in which resources are allocated in a centrally planned economy with due reference to the problems of resource allocation that arise in such an economy. (Up to 4 marks)
6. For analysis of the way in which resources are allocated in a free market with due reference to the problems of resource allocation that arise in such an economy. (Up to 4 marks)
7. Up to 4 marks for Evaluation
8. For evaluative comment and a reasoned conclusion on the 'overall benefit' (4 marks)