Question : The term 'Mixed Economy' refers to an economic system that combines elements of:

Option 1: Capitalism and socialism

Option 2: Socialism and communism

Option 3: Capitalism and feudalism

Option 4: Communism and feudalism

Question : The ideological challenge to US dominance is often associated with:  

Option 1:  Democracy

Option 2:  Capitalism  

Option 3:  Terrorism  

Option 4: Communism  

Question : The consumer is compared to a king under _______.

Option 1: socialism

Option 2: mixed economy

Option 3: communism

Option 4: capitalism

Question : Which of the following best describes the economic transition experienced by post-communist regimes?

Option 1: From capitalism to socialism

Option 2: From socialism to capitalism

Option 3: From feudalism to capitalism

Option 4: From capitalism to feudalism

Question : Freedom of choice is the advantage of

Option 1: Socialism

Option 2: Capitalism

Option 3: Mixed economy

Option 4: Communism