Market-based methods
What Market-based methods means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Market-based methods
Check what you remember
Read the wording for your board, then hide it and explain Market-based methods in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Policies that reduce government intervention to allow free markets to function efficiently.
Topics that use Market-based methods
- Supply-side policies (Pearson Edexcel A-Level)
Related terms
- Economic incentives
- Human capital
- Infrastructure investment
- Labour market flexibility
- Macroeconomic equilibrium
- Productive capacity
- Interventionist methods
Using Market-based methods in the exam
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