Role of Government in Economic Development
Description: This quiz is designed to test your understanding of the role of government in economic development. It covers topics such as the government's role in providing public goods and services, promoting economic growth and stability, and addressing market failures. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: economic development government role public goods economic growth market failures |
Which of the following is NOT a primary role of government in economic development?
Which of the following is an example of a public good?
Which of the following is an example of a market failure?
What is the primary goal of government intervention in the economy?
Which of the following is NOT a potential benefit of government intervention in the economy?
Which of the following is NOT a potential cost of government intervention in the economy?
What is the difference between a public good and a private good?
What is the role of government in providing public goods?
What is the role of government in promoting economic growth?
What is the role of government in addressing market failures?
What is the difference between a positive externality and a negative externality?
What is the role of government in addressing positive externalities?
What is the role of government in addressing negative externalities?
What is the difference between a natural monopoly and a competitive market?
What is the role of government in regulating natural monopolies?