Roles in an Economy

Multiple Choice

Which is an example of freedom in an economy?

• Scholarships that allow students from different backgrounds to access higher education.

• New technology (like smartphones) creating entire new industries.

• Deciding to invest in the stock market, real estate, or not at all.

• Laws that prevent financial fraud and protect consumer money.

Multiple Choice

Which is an example of security in an economy?

• Healthcare access programs that ensure children receive vaccinations regardless of income.

• Expansion of renewable energy jobs as solar and wind power grow.

• Starting your own small business instead of working for a company.

• Grocery stores consistently stocking milk, bread, and other staples.

Multiple Choice

Which is an example of equity in an economy?

• Prices of basic goods (like gas or electricity) staying fairly steady instead of swinging wildly.

• Higher levels of homeownership as the economy grows.

• Students picking a career path based on their interests, not government assignment.

• Equal pay laws that prevent wage discrimination based on gender or race.

Multiple Choice

Which is an example of progress in an economy?

• Government programs providing free or reduced school lunches for low-income families.

• Rising stock markets increasing retirement savings over decades.

• Choosing between buying a car with cash, leasing, or taking out a loan.

• Job contracts that provide predictable income.

Multiple Choice

The goal of Equity in an economy focuses on:

• Equal access to resources and fair distribution.

• Unlimited growth without fairness.

• Keeping prices from ever rising.

• Ensuring only highly educated workers are paid well.