#1
Which economic system relies on private ownership of resources and competition in the marketplace?
#2
In which economic system does the government have significant control over the allocation of resources?
#3
Which economic system emphasizes collective ownership of resources and aims for equal distribution of wealth?
#4
What is the primary role of the government in a market economy?
#5
Which economic system relies on collective ownership of resources and aims to eliminate social classes?
#6
In which economic system does the government play a minimal role and market forces determine resource allocation?
#7
Which economic system prioritizes social welfare and aims to minimize economic disparities?
#8
Which term describes the gap in income and wealth between different socioeconomic groups?
#9
Which economic theory argues that economic inequality is necessary for the efficient functioning of society?
#10
Which term describes the ability of individuals to move up or down the socioeconomic ladder?
#11
According to the Gini coefficient, what does a value of 0 represent?
#12
Which term refers to the uneven distribution of resources and opportunities among different groups in society?
#13
What is the primary objective of policies aimed at reducing social inequality?
#14
What is the term for the total value of goods and services produced in a country within a specific time period?
#15
What is one consequence of high social inequality in an economy?
#16
Which economic theory suggests that government intervention is necessary to reduce social inequality?
#17
Which economic concept suggests that the wealthy disproportionately benefit from economic policies and systems?
#18
What is one potential consequence of extreme social inequality?
#19