logo

Pearson Edexcel International GCSE (9-1) Economics practice

Which of the following best describes a mixed economy?

Try the question first, then check the answer and practise the same topic again.

At a glance

MCQ

Type

practice

Style

Topic

The market system

Exam-style question

Try this first

Which of the following best describes a mixed economy?.

  1. A.An economy where all resources are owned and allocated by the government.
  2. B.An economy where all resources are owned and allocated by private individuals and firms.
  3. C.An economy where resources are allocated through a combination of market forces and government intervention.
  4. D.An economy that relies solely on bartering for the exchange of goods and services.

Answer and explanation

Attempt the question first, then reveal the model answer and explanation.

Common mistake

No common mistake is linked to this question yet.

Related flashcards

Flashcard 1 of 6

Press Space to flip, arrows to move

Related practice questions

No questions are published for this page yet.