771. How does a mixed economy address social welfare?
A) Social welfare is not a concern in a mixed economy.
B) Social welfare programs are implemented to provide assistance to those in need.
C) Social welfare is solely the responsibility of private individuals.
D) Social welfare programs are limited to the wealthy.
772. What is the impact of a mixed economy on consumer choices?
A) Consumer choices are irrelevant.
B) Consumer choices are diverse due to a variety of goods and services offered by the market.
C) Consumer choices are restricted by the government.
D) Consumer choices are limited to basic necessities.
773. How does a mixed economy respond to monopolies and unfair business practices?
A) By promoting monopolies.
B) By implementing antitrust laws and regulations to prevent monopolies and ensure fair competition.
C) By ignoring monopolies.
D) By encouraging unfair business practices.
774. What is the primary advantage of a mixed economy?
A) It combines the efficiency of market economies with the social welfare aspects of command economies.
B) It eliminates individual freedoms.
C) It promotes complete government control.
D) It relies solely on the market forces.
775. How does a mixed economy address the provision of public education and healthcare?
A) The government does not provide public education and healthcare.
B) The government plays a significant role in providing public education and healthcare services.
C) Public education and healthcare are solely the responsibility of private individuals.
D) The market determines the provision of public education and healthcare.
776. What is the impact of globalization on a mixed economy?
A) Globalization has no impact on a mixed economy.
B) A mixed economy participates in global trade while managing the effects of globalization on domestic industries.
C) A mixed economy eliminates global trade.
D) Globalization leads to complete government control in a mixed economy.
777. How does a mixed economy address the issue of poverty?
A) By ignoring poverty.
B) By implementing social welfare programs and poverty alleviation measures.
C) By promoting income inequality.
D) By leaving poverty to the market forces.
778. What is the role of the legal system in a mixed economy?
A) The legal system has no role in a mixed economy.
B) The legal system ensures the enforcement of contracts, protection of property rights, and regulation of business activities.
C) The legal system promotes corruption.
D) The legal system is solely controlled by the government.
779. How does a mixed economy ensure economic stability?
A) By avoiding economic stability measures.
B) By implementing fiscal and monetary policies to address economic fluctuations.
C) By relying solely on the market forces for stability.
D) By promoting economic instability.
780. How does a mixed economy respond to technological disruptions and automation?
A) By resisting technological advancements.
B) By adapting to technological changes and addressing their impact on employment.
C) By limiting technological progress.
D) By leaving technological disruptions to the market.
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