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1.1 Nature of economics

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Question 24

In a sweeping reform of its digital infrastructure, the government of Angola has ended the state monopoly over the telecommunications sector, permitting private internet service providers (ISPs) to lay their own fiber-optic networks and set market-driven pricing. Advocates of free-market reforms argue that removing state control will trigger competitive pricing, accelerate high-speed internet penetration, and encourage localized digital solutions.

With reference to the information provided, explain one advantage of transitioning towards a free market economy.

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1.1 Nature of economics Questions

  1. A Level
  2. /Economics
  3. /1.1 Nature of economics