Practice Mixed Economy - 3.2.4 | Understanding Societies: Economic and Social Systems | IB MYP Grade 9 Individual and Societies
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Mixed Economy

3.2.4 - Mixed Economy

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is a mixed economy?

💡 Hint: Think about how ownership is distributed.

Question 2 Easy

Name an example of a mixed economy.

💡 Hint: Consider countries known for a balance of government and market.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What type of ownership exists in a mixed economy?

Only private ownership
Only public ownership
Both private and public ownership

💡 Hint: Consider how resources might be shared.

Question 2

Is the following statement true or false? 'In mixed economies, the government has no role in economic regulation.'

True
False

💡 Hint: Think about the balance between freedom and regulation.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Create a policy proposal for a government intervention in a mixed economy that could address an economic challenge, such as unemployment.

💡 Hint: Think about sectors that are growing and how skills can be matched to job openings.

Challenge 2 Hard

Debate whether government regulations in a mixed economy are beneficial or detrimental for economic growth.

💡 Hint: Consider the balance between protecting the public interest and allowing businesses to thrive.

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