Practice Mixed Economy - 8.1.4 | Unit 8: Economic Systems and Decision-Making | IB Board Grade 12 – Individuals and Societies
K12 Students

Academics

AI-Powered learning for Grades 8–12, aligned with major Indian and international curricula.

Academics
Professionals

Professional Courses

Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.

Professional Courses
Games

Interactive Games

Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.

games

8.1.4 - Mixed Economy

Enroll to start learning

You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take mock test.

Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is a mixed economy?

💡 Hint: Think of what roles both sectors play in the economy.

Question 2

Easy

Name one advantage of a mixed economy.

💡 Hint: What do you think it prevents in the market?

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is a mixed economy?

  • A fully capitalist system
  • A blend of capitalism and socialism
  • A purely socialist system

💡 Hint: Think about the roles of both sectors in the economy.

Question 2

True or False: Government intervention in a mixed economy can prevent market failures.

  • True
  • False

💡 Hint: Consider the purpose of regulations.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Analyze how India's mixed economy impacts its growth and social welfare. Give specific examples.

💡 Hint: Consider both the economic and social programs in India.

Question 2

Evaluate the effectiveness of government intervention in preventing market failures in a mixed economy.

💡 Hint: Look at case studies of regulation success and failure.

Challenge and get performance evaluation