
Quiz on Pure Market Economy and Mixed Economy in the Philippines
Quiz
•
Financial Education
•
University
•
Practice Problem
•
Medium
Aife Rias
Used 1+ times
FREE Resource
Enhance your content in a minute
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a pure market economy?
An economy that has no private ownership
An economy where decisions are made by private individuals and businesses
An economy that relies solely on government intervention
An economy with government control over all resources
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Does the Philippines have a pure market economy?
No, it is fully government-controlled
Yes, but with some government regulations
No, it has a mixed economy
Yes, it is entirely market-driven
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason a pure market economy doesn't exist in the Philippines?
Government regulations on wages and competition
High levels of private ownership
Complete absence of taxes
Total freedom for businesses
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does the government play in the Philippine economy?
It has no role at all
It regulates industries and provides public goods
It only collects taxes
It only controls the military
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a characteristic of a mixed market economy?
Total reliance on foreign investment
No regulations on businesses
Collaboration between private enterprises and government institutions
Complete government ownership of all resources
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a benefit of a mixed market economy?
Promotion of competitiveness and foreign investment
Guaranteed income for all citizens
No need for government intervention
Complete elimination of poverty
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one challenge faced by the mixed market economy in the Philippines?
Corruption affecting the business environment
Lack of private sector involvement
Total equality in wealth distribution
Excessive government control over all sectors
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
10 questions
IFE S9 Derivatives Markets
Quiz
•
University
10 questions
Shareholders' right
Quiz
•
University
15 questions
Working Capital Management Quiz
Quiz
•
University
15 questions
Economic Principles Quiz
Quiz
•
12th Grade - University
15 questions
President Financial Planning Quiz
Quiz
•
University
17 questions
Types of Investments
Quiz
•
9th Grade - University
12 questions
VAT in context (TXA201)
Quiz
•
University
10 questions
IFE S2 The Economic Role of Finance
Quiz
•
University
Popular Resources on Wayground
10 questions
Honoring the Significance of Veterans Day
Interactive video
•
6th - 10th Grade
9 questions
FOREST Community of Caring
Lesson
•
1st - 5th Grade
10 questions
Exploring Veterans Day: Facts and Celebrations for Kids
Interactive video
•
6th - 10th Grade
19 questions
Veterans Day
Quiz
•
5th Grade
14 questions
General Technology Use Quiz
Quiz
•
8th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
15 questions
Circuits, Light Energy, and Forces
Quiz
•
5th Grade
19 questions
Thanksgiving Trivia
Quiz
•
6th Grade
Discover more resources for Financial Education
20 questions
Definite and Indefinite Articles in Spanish (Avancemos)
Quiz
•
8th Grade - University
7 questions
Force and Motion
Interactive video
•
4th Grade - University
9 questions
Principles of the United States Constitution
Interactive video
•
University
18 questions
Realidades 2 2A reflexivos
Quiz
•
7th Grade - University
10 questions
Dichotomous Key
Quiz
•
KG - University
25 questions
Integer Operations
Quiz
•
KG - University
7 questions
What Is Narrative Writing?
Interactive video
•
4th Grade - University
20 questions
SER vs ESTAR
Quiz
•
7th Grade - University
