Preview: the first 3 of 5 questions. This test is part of Vocab24 Prime. The first tests of every section are free.
In the following passage, there are blanks, each of which has been numbered. Find out the appropriate word/phrase in each case.
Economists and sociologists have advocated a form of basic income as a means for (21) the economic profits of publicly owned enterprises to benefit the entire population (also referred to as a social dividend), where the basic income payment represents the return to each citizen on the capital owned by society. These systems would be directly financed out of returns on publicly owned (22) and are featured as major components of many models of market socialism. Erik Olin Wright, for example, characterizes basic income as a project for (23) capitalism into an economic system by empowering labor in relation to capital, granting labor greater bargaining power with employers in labor markets, which can gradually de-commodify labor by decoupling work from income. This would allow for an expansion in scope of the "social economy", by (24) citizens greater (25) to pursue activities (such as the pursuit of the arts) that do not yield strong financial returns.
In the following passage, there are blanks, each of which has been numbered. Find out the appropriate word/phrase in each case.
Economists and sociologists have advocated a form of basic income as a means for (21) the economic profits of publicly owned enterprises to benefit the entire population (also referred to as a social dividend), where the basic income payment represents the return to each citizen on the capital owned by society. These systems would be directly financed out of returns on publicly owned (22) and are featured as major components of many models of market socialism. Erik Olin Wright, for example, characterizes basic income as a project for (23) capitalism into an economic system by empowering labor in relation to capital, granting labor greater bargaining power with employers in labor markets, which can gradually de-commodify labor by decoupling work from income. This would allow for an expansion in scope of the "social economy", by (24) citizens greater (25) to pursue activities (such as the pursuit of the arts) that do not yield strong financial returns.
In the following passage, there are blanks, each of which has been numbered. Find out the appropriate word/phrase in each case.
Economists and sociologists have advocated a form of basic income as a means for (21) the economic profits of publicly owned enterprises to benefit the entire population (also referred to as a social dividend), where the basic income payment represents the return to each citizen on the capital owned by society. These systems would be directly financed out of returns on publicly owned (22) and are featured as major components of many models of market socialism. Erik Olin Wright, for example, characterizes basic income as a project for (23) capitalism into an economic system by empowering labor in relation to capital, granting labor greater bargaining power with employers in labor markets, which can gradually de-commodify labor by decoupling work from income. This would allow for an expansion in scope of the "social economy", by (24) citizens greater (25) to pursue activities (such as the pursuit of the arts) that do not yield strong financial returns.
Prime opens all 1000+ tests, every editorial, every word with tricks and unlimited live speaking, on the website and in the app. From ₹199 a month.
See Prime plans → Already Prime? Log inOne Prime for the website and the app, same login. Videos play in the app.


