A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2025 · Q131 Mark
Why might governments provide free education for children aged 4 to 16 years old?
AConsumers are not fully aware of the benefits of education.
BEducation in a free market system would be over consumed.
CEducation is a public good and there would be many free riders.
DThe private costs of education exceed the private benefits in a free market.
✓ Correct answer
A: Consumers are not fully aware of the benefits of education.
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill The price system and the microeconomy and see which topics are most likely to come up next.
Sign up free →