In the nation of Vaeloria, the price and output of consumer electronics and apparel are determined solely by the interaction of private demand and supply. However, the government heavily regulates energy markets and directly provides healthcare and primary education free at the point of use.
Name the economic system that describes Vaeloria's approach to the allocation of resources.
31 exam-style questions on OCR A Level Economics The allocation of resources. Each one has a worked solution and a mark scheme showing where the marks go.