Glossary

Reset Glossary
market economy

Subject: 

  • Economics

(also called the free market system or market capitalism) prices and quantities in the economy are controlled by the market forces of demand and supply.

Related Terms: 

market mechanism

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Exam practice is essential. Make sure your student has access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

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Studying should be active. Your child should be making notes, working through examples, doing practice exam papers and testing herself on the sections she is studying.

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