A Level Economics (9708)•9708/12/O/N/18
Explanation
Comparing Increases in Private Sector GDP Share Steps:
- Note the 1995 and 2000 private enterprise shares for each country from the choices.
- Compute the increase in percentage points: Czech (95-70=25), Hungary (70-50=20), Romania (60-45=15), Slovakia (80-60=20).
- Determine the rate of progress as the total increase over 5 years; smaller increase means slower progress.
- Identify the smallest increase as the slowest rate.
Why C is correct:
- Romania's private share rose only 15 percentage points, the smallest gain toward a market economy via privatization.
Why the others are wrong:
- A. Czech's 25-point rise shows the fastest progress.
- B. Hungary's 20-point rise exceeds Romania's.
- D. Slovakia's 20-point rise exceeds Romania's.
Final answer: C
Topic: Resource allocation in different economic systems
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