Mixed economic system: past paper questions
Real questions on mixed economic system
The newest 6 of 6 written questions. Open one to see it on the real paper.
- 2281/21 · May/June 2025 · Q2d[8]
Discuss whether or not a mixed economic system will benefit the people who live in that economy.
See it on the paper → - 2281/23 · October/November 2024 · Q1b[2]
Identify two reasons why Belarus is described as a mixed economy.
See it on the paper → - 2281/23 · October/November 2023 · Q1g[6]
Discuss whether or not privatisation is likely to have benefited consumers in Montenegro.
See it on the paper → - 2281/23 · October/November 2022 · Q3b[4]
Explain two benefits of MNCs to their home countries.
See it on the paper → - 2281/22 · October/November 2019 · Q4d[8]
Discuss whether or not an increase in the size of a country’s gold mining industry will benefit an economy.
See it on the paper → - 2281/22 · May/June 2019 · Q6b[4]
Explain how resources are allocated in a mixed economic system.
See it on the paper →
What examiners said
Many candidates found this a straightforward question to answer and there was usually a good balance in identifying the benefits and drawbacks of privatisation for consumers. Typically, the benefits included lower prices, better quality, and a greater choice. The drawbacks often identified the creation of monopolies charging higher prices for goods of lower quality and private firms not considerin...
— Examiner report, October/November 2023, 2281/23 Q1(g) (Cambridge)
Generally this was poorly answered, as many candidates did not make clear the nature of the benefit that the MNC gained for the home country. Many answers were written giving the benefits which would apply in a host country rather than the home country. A few strong answers did make clear that the home country was the place of origin of the MNC where the firm had its headquarters rather than just...
— Examiner report, October/November 2022, 2281/23 Q3(b) (Cambridge)
Strong answers used references to living standards, economic growth, employment and the current account of the balance of payments. There were also some interesting comments about the possible external costs that might arise and the poor working conditions which might exist in the industry. Some less successful candidates gave only brief answers.
— Examiner report, October/November 2019, 2281/22 Q4(d) (Cambridge)
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