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QuizMultiple Choice

Economic Systems and Daily Life

Question 1 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

In a mixed market economy, a fire breaks out in a sneaker factory. The repair work most likely will be paid by

Answer
A
the government group that runs the factory.
B
the state agency that operates the factory.
C
the city official who manages the factory.
D
the private citizen who owns the factory.

Explanation

In a mixed market economy, private businesses and individuals own many factories, while the government also operates some services or industries. Since the question describes a sneaker factory without saying it is government-owned, the most likely owner is a private citizen, who would pay for the repairs. The correct choice is “the private citizen who owns the factory.”

AI-written and checked against the verified answer.

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