#1
Which of the following is a characteristic of a market economy?
#2
What is the primary feature of a traditional economic system?
#3
Which of the following is a key feature of a command economy?
#4
What economic system is characterized by a combination of private and government ownership of resources?
#5
Which economic system relies heavily on supply and demand to determine prices?
#6
Which economic system is characterized by collective ownership of the means of production?
#7
In which economic system does the government play a significant role in regulating and controlling economic activities?
#8
Who is often considered the father of modern economics?
#9
In which economic system do consumers and producers have the most influence on what goods and services are produced?
#10
Who wrote the influential book 'Das Kapital'?
#11
Which economist is known for his work on the concept of 'invisible hand' in a market economy?
#12
What is the primary goal of a capitalist economic system?
#13
What economic concept is associated with the idea of 'opportunity cost'?
#14
What economic system prioritizes the welfare of society over individual profit?
#15