Economics B A-Level
Legislation
What Legislation means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Legislation
Check what you remember
Read the wording for your board, then hide it and explain Legislation in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The creation of laws by parliament to ban or restrict activities.
Topics that use Legislation
- Government intervention and failure (Pearson Edexcel A-Level)
Related terms
- Government failure
- Indirect taxation
- Information gaps
- Resource allocation
- Social welfare
- Economic efficiency
- Regulation
- Unintended consequences
Using Legislation in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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