761. How does a mixed economy balance individual freedoms and government intervention?
A) By restricting individual freedoms.
B) By allowing for individual freedoms while implementing regulations to address market failures.
C) By eliminating individual freedoms.
D) By relying solely on government intervention.
762. What is the impact of government regulations in a mixed economy?
A) Regulations stifle economic growth.
B) Regulations aim to prevent market failures and protect consumers.
C) Regulations have no impact on the economy.
D) Regulations benefit only large corporations.
763. How does a mixed economy respond to economic crises and recessions?
A) By ignoring economic crises.
B) By implementing fiscal and monetary policies to stabilize the economy.
C) By increasing government control.
D) By eliminating private businesses.
764. What is the primary role of the market in a mixed economy?
A) The market has no role in a mixed economy.
B) The market determines resource allocation and prices within a framework of government regulations.
C) The market controls all economic activities.
D) The market is irrelevant.
765. How does a mixed economy promote innovation and technological advancement?
A) By restricting technological advancement.
B) By encouraging competition and private enterprises to innovate.
C) By relying solely on government research and development.
D) By limiting individual freedoms.
766. What is the primary challenge of managing a mixed economy?
A) Ensuring complete government control.
B) Striking the right balance between government intervention and private enterprise.
C) Eliminating competition.
D) Ignoring economic challenges.
767. How does a mixed economy address environmental concerns?
A) By ignoring environmental concerns.
B) By implementing regulations and incentives to promote sustainable practices.
C) By leaving environmental issues to the market.
D) By allowing businesses to exploit natural resources without restrictions.
768. In a mixed economy, how are labor markets regulated?
A) Labor markets are unregulated.
B) Labor markets are regulated to ensure fair labor practices and prevent exploitation.
C) Labor markets are controlled by the government.
D) Labor markets are irrelevant.
769. What is the role of taxes in a mixed economy?
A) Taxes are not collected in a mixed economy.
B) Taxes are collected to fund government programs and address income inequality.
C) Taxes are used to benefit only the wealthy.
D) Taxes are eliminated to encourage economic growth.
770. How does a mixed economy impact international trade?
A) A mixed economy does not engage in international trade.
B) A mixed economy participates in international trade while implementing trade regulations.
C) A mixed economy relies solely on domestic trade.
D) A mixed economy eliminates competition through protectionist measures.
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