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The allocation of resources

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Question 3

Following the dissolution of the Eastern Bloc in the early 1990s, countries such as Poland and Hungary transitioned from highly centralised, state-controlled command economies to market-led economic systems.

Evaluate, using one or more economic diagrams, the extent to which a country benefits from transitioning from a command economy to a free market economy.

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The allocation of resources Questions

  1. A Level
  2. /Economics
  3. /The allocation of resources