In a major restructuring of its state-directed agricultural sector, the government of Uzbekistan has abolished mandatory crop quotas, enabling independent farmers to decide which crops to cultivate and how to distribute their produce. Supporters of free-market principles argue that giving farmers autonomy will incentivize productivity gains, drive down consumer food prices, and foster local innovation.
With reference to the information provided, explain one advantage of a free market economy.
22 exam-style questions on Edexcel A A Level Economics 1.1.6 Free market economies, mixed economy and command economy. Each one has a worked solution and a mark scheme showing where the marks go.