The USA approach to this is to mandate a comical number of outlets everywhere (to prevent extension cord usage), mandate a large number of individual circuits (especially for things that draw a large amount of power), and more recently some combo of AFCI/GFCI/CAFCI breakers (to provide some level of sensing things going wrong and shutting off power).

The stats are not great for the USA in terms of number of fires. I haven’t done deep research. From personal experience, most homes built after modern US electrical code was fleshed out are generally fine. Modern homes (or ones upgraded to modern code) seem very safe - the “smart” breakers tend to actually work.

My anecdote here is that my relatively small hometown area (15,000 people, largely built up between 1860-1940) still has frequent fires relating to electrical and heating systems and the current city I live in (95,000 people mostly built up starting in ~1960) has very few fires ever. I spend 2 weeks a year around Christmas back in my hometown. 3 of the last 7 years had a structure loss fire while I was there. In the same period of time there have been 2 structure loss fires in my current city total.

I think the switches are nice but in the modern world you really don’t need to unplug a vast majority of things. Even my $30 120V USA space heater shuts itself off if it tips over or gets too hot. My cell phone charger pulls functionally 0W while idling.