7
QuizMultiple Choice

Economic Systems and Daily Life

Question 7 • Fall 24 American Government/Civics IC

What is one possible effect of high unemployment in a mixed market economy?

Answer
T
The government will intervene to appoint new jobs to workers.
A
A lack of income will weaken the buying power for many people.
N
New government-run farms and factories will open to provide work.
T
The wealth gap between the upper and lower classes will decrease.

Explanation

When people are unemployed, they generally have less income to spend on goods and services. This weakens the buying power of many people, so B is correct. High unemployment does not necessarily mean the government will assign jobs or open government-run farms and factories.

AI-written and checked against the verified answer.

Previous
Next