free market economy

Home/Tag: free market economy

January 2020

AS A Level Business: Introduction To Economic Systems

By |2020-01-27T11:08:31+02:00January 27th, 2020|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Economic Systems

  • To understand Economic Systems one needs to recall and understand the Economic Problem
  • As has already been pointed out during our discussion of the Economic Problem:
  • Needs and wants, when the two are combined, are unlimited or […]

    Quick NetOne, Telecel, Africom, And Econet Airtime Recharge

    If anything goes wrong, click here to enter your query.

Comments Off on AS A Level Business: Introduction To Economic Systems

June 2019

AS A Level Business: Benefits And Drawbacks Of A Free Market Economy

By |2019-08-15T09:04:39+02:00June 8th, 2019|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Free Market Economy: Advantages and disadvantages 

Comments Off on AS A Level Business: Benefits And Drawbacks Of A Free Market Economy

AS A Level: Free Market Economy

By |2019-06-08T11:58:45+02:00June 8th, 2019|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Free Market Economy  

  • As has been said because resources are limited while needs and wants are unlimited
  • Society faces an economic problem of how to allocate its scarce resources
  • It has to answer three basic questions:
    • What to produce
    • How to […]

      Quick NetOne, Telecel, Africom, And Econet Airtime Recharge







      If anything goes wrong, click here to enter your query.

Comments Off on AS A Level: Free Market Economy

December 2015

Free Market Economy

By |2019-06-08T10:40:57+02:00December 7th, 2015|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Communication: Free Market Economy

Characteristics/Features

• All the resources (factors of production) are owned by private individuals.
• Profit is the main motive of all business.
• There is little or no government interference in business activities.
• Producers are free to produce how much they want, for whomever they want.
• Consumers are free […]


Quick NetOne, Telecel, Africom, And Econet Airtime Recharge







If anything goes wrong, click here to enter your query.

Comments Off on Free Market Economy
Go to Top