Hey there Sign in to join this conversationNew here? Join for free

Free market and mixed economies

Announcements Posted on
Study Help needs new mods! 14-04-2014
Post on TSR and win a prize! Find out more... 10-04-2014
    • Thread Starter
    • 0 followers
    Offline

    ReputationRep:
    Hi every1 could we pls discuss the advantages and disadvantages of a free market economy and why there are mixed economies?? Refer to edexcel unit 1 economics (AS level) Besides that does anyone have a clue to what is coming in unit 1 economics in the paper tomorrow?????
    • 2 followers
    Offline

    ReputationRep:
    Mixed economies are seen as more efficient than market or command economies. Not really sure on advantages/disadvantages of free market economies, I suppose a disadvantage would be that with no/little government intervention, market failure is likely to be a bigger problem (demerit goods etc).

Reply

Submit reply

Register

Thanks for posting! You just need to create an account in order to submit the post
  1. this can't be left blank
    that username has been taken, please choose another Forgotten your password?

    this is what you'll be called on TSR

  2. this can't be left blank
    this email is already registered. Forgotten your password?

    never shared and never spammed

  3. this can't be left blank

    6 characters or longer with both numbers and letters is safer

  4. this can't be left empty
    your full birthday is required
  1. By completing the slider below you agree to The Student Room's terms & conditions and site rules

  2. Slide the button to the right to create your account

    Slide to join now Processing…

    You don't slide that way? No problem.

Updated: May 17, 2012
Article updates
Reputation gems:
You get these gems as you gain rep from other members for making good contributions and giving helpful advice.