What this practice covers
These questions are drawn from past Cambridge IGCSE papers and filtered to mixed economic system. You answer, you find out immediately whether you were right, and you get the reasoning for the correct option and for each distractor. Wrong answers go to a mistakes locker so you can come back to exactly those.
Practice is free. You need an account only so your progress and your mistakes are still there next time.
Start practising Paper 1 MCQs →
What examiners see students get wrong here
These are the errors that cost marks on mixed economic system, taken from our own topic notes. Read them before you practise and you will recognise the traps in the questions.
- Saying a mixed economy is "half market, half planned". The balance varies widely between countries.
- Confusing the public sector (government-owned) with public goods (non-rival, non-excludable). A state school is public sector but not a public good.
- Listing interventions without saying which market failure each one fixes.
- Assuming intervention always improves things, mention government failure.
- Forgetting the opportunity cost of government spending.
Revise it first
If any of the above is unfamiliar, work through the notes before practising: Mixed Economic System revision notes.