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.
85 exam-style questions on Edexcel A A Level Economics 1.1 Nature of economics, covering 1.1.1 Economics as a social science, 1.1.2 Positive and normative economic statements, 1.1.3 The economic problem, 1.1.4 Production possibility frontiers, 1.1.5 Specialisation and the division of labour, and 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.