Country W has a mixed economy. The public sector has grown in recent years. The Government has also introduced many new laws regulating business behaviour and protecting employees and consumers.

1. (a)What is meant by the term 'mixed economy'?[2]
2. (b)Identify two objectives often set by businesses in the public sector. Objective 1: ..., Objective 2: ...[2]
3. (c)Identify and explain two reasons why the size of the public sector might increase over time. Reason 1: ..., Explanation: ..., Reason 2: ..., Explanation: ...[4]
4. (d)Identify and explain three ways in which consumers might benefit from consumer protection laws. Way 1: ..., Explanation: ..., Way 2: ..., Explanation: ..., Way 3: ..., Explanation: ...[6]
5. (e)The management of many businesses in the private sector think that employment legislation is making them less competitive. Do you agree? Justify your answer.[6]