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1.8 The market mechanism, market failure and government intervention in markets

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Question 88

Extract C (lines 11–12) states: ‘In recent years, with the rapid surge in domestic motorhome and campervan ownership, many remote scenic routes and rural communities have suffered from severe environmental degradation and congestion.’

Using the extracts and your knowledge of economics, discuss whether there should be more state intervention to regulate and limit campervan and motorhome tourism in rural regions of the UK.

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1.8 The market mechanism, market failure and government intervention in markets Questions

  1. A Level
  2. /Economics
  3. /1.8 The market mechanism, market failure and government intervention in markets

378 exam-style questions on AQA A Level Economics 1.8 The market mechanism, market failure and government intervention in markets, covering 1.8.1 How markets and prices allocate resources, 1.8.2 The meaning of market failure, 1.8.3 Public goods, private goods and quasi-public goods, 1.8.4 Positive and negative externalities in consumption and production, 1.8.5 Merit and demerit goods, 1.8.6 Market imperfections, 1.8.7 Competition policy (A-level only), 1.8.8 Public ownership, privatisation, regulation and deregulation of markets (A-level only), 1.8.9 Government intervention in markets, and 1.8.10 Government failure. Each one has a worked solution and a mark scheme showing where the marks go.

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