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Cambridge IGCSE Economics practice

What characterizes a mixed economic system?

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MCQ

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cambridge_mcq

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Topic

Mixed economic system

Exam-style question

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What characterizes a mixed economic system?.

  1. A.Complete government control
  2. B.Only private ownership
  3. C.Combination of private and public sectors
  4. D.No government intervention

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Paper 2 structured question: Mixed economic system

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Description

Mixed Economic System

A mixed economic system incorporates both private and public sectors, aiming to balance efficiency with social welfare.

  1. a

    State the two main components of a mixed economic system.

    Aim for approximately 1 distinct marking point.

    [1]