Pearson qualifications | Edexcel, BTEC, LCCI and EDI ...
b) The advantages and disadvantages of a free market economy and a command economy. c) The role of the state in a mixed economy. Note: The discussions in general on advantages and disadvantages of free market will help to lead fluently onto the topic of market failure 9 1.3 Market failure. 1.3.1 Types of market failure. a) Understanding of ... ................
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