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A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · May/June 2019 · Q21 Mark

A government wants to move its economy away from central planning towards a market economy. Which policy would be consistent with this aim?

Aintroduce tariffs on imported goods
Bprivatise the ownership of electricity generation
Cprovide free education for primary school pupils
Dreduce prices of foods such as wheat and rice

✓ Correct answer

B: privatise the ownership of electricity generation

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About this question

Topic
Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, May/June 2019 Paper 1 Variant 2, question 2.

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