61. The term “Mixed Economy” refers to an economic system where:
a) All economic activities are controlled by the government
b) All economic activities are controlled by private individuals
c) There is a combination of government and private control over economic activities
d) There is no government intervention in economic activities
62. Which sector of the economy includes activities related to the extraction and production of natural resources?
a) Primary sector
b) Secondary sector
c) Tertiary sector
d) Quaternary sector
63. Which sector of the economy includes activities related to the manufacturing and processing of raw materials?
a) Primary sector
b) Secondary sector
c) Tertiary sector
d) Quaternary sector
64. Which sector of the economy includes activities related to the provision of services?
a) Primary sector
b) Secondary sector
c) Tertiary sector
d) Quaternary sector
65. Which sector of the economy includes activities related to information technology, research, and development?
a) Primary sector
b) Secondary sector
c) Tertiary sector
d) Quaternary sector