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Card 6

Front

What is an economy?

Back

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Card 7

Front

What is a market economy?

Back

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Card 8

Front

What is a planned economy?

Back

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Card 9

Front

What is a mixed economy?

Back

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Card 10

Front

What do private sector firms do in a mixed economy?

Back

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Card 11

Front

What do public sector organisations do in a mixed economy?

Back

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Card 12

Front

What is efficiency and why is it important?

Back

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Card 13

Front

Evaluate efficiency in private sector firms.

Back

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Card 14

Front

Evaluate efficiency in public sector firms.

Back

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Card 15

Front

What is market failure? How should it be dealt with?

Back

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