Local, National & International (Cambridge (CIE) O Level Economics)
Revision Note
Written by: Steve Vorster
Reviewed by: Jenna Quinn
Government Roles in a Mixed Economy
Nearly every economy in the world is a mixed economy & has varying degrees of government intervention
Governments intervention is necessary for several reasons & occurs on three distinct levels
Local intervention
National (macroeconomic) intervention
International intervention
The Role of Government in a Mixed Economy
Area of Intervention | Examples of Intervention | Explanation |
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Local |
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National |
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International |
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