MICRO TOPIC1 HW Types of Economies

Read pages 17 and 18 of Economics 1 Powell and Powell

Add/make some additional notes if you feel there is new useful info on the topic which isn't mentioned in your workbook

Please then complete the worksheet attached below on free market, mixed and command economies

Finally Research a company, industry or market sector which has over time been managed/owned by the State and is now in the private sector.(make brief notes to help you discuss the chosen entity in class next lesson)..have an opinion on whether that change of ownership has boosted the performance of the UK economy or not.