A-LevelEconomicsGovernment Intervention / Market FailureOct/Nov 2021Paper 1 Q161 Mark
Why might a government nationalise a private firm?
Ato gain greater efficiency due to more competition
Bto increase merit good provision
Cto increase choice for the consumer
Dto raise more tax revenue
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of government intervention / market failure within the Economicssyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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