51. Which type of economy is characterized by the absence of government intervention and control?
a) Planned economy
b) Market economy
c) Mixed economy
d) Socialist economy
52. In a planned economy, the allocation of resources is primarily determined by:
a) Market forces
b) Consumer preferences
c) Government planning
d) Private ownership
53. Which type of economy is characterized by a combination of private and state ownership of resources?
a) Planned economy
b) Market economy
c) Mixed economy
d) Socialist economy
54. Which sector of the economy includes activities related to the provision of government services?
a) Primary sector
b) Secondary sector
c) Tertiary sector
d) Quaternary sector
55. Which sector of the economy involves the production of goods through industrial processes?
a) Primary sector
b) Secondary sector
c) Tertiary sector
d) Quaternary sector
