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10/22 Economic Systems and Theories

10/22 Economic Systems and Theories

Assessment

Flashcard

History

10th Grade

Practice Problem

Easy

Created by

Shannon Factor

Used 1+ times

FREE Resource

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12 questions

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1.

FLASHCARD QUESTION

Front

Adam Smith's economic system

Back

Capitalism

2.

FLASHCARD QUESTION

Front

Adam Smith's most famous book

Back

The Wealth of Nations

3.

FLASHCARD QUESTION

Front

Primary focus of capitalism

Back

Private property and competition

4.

FLASHCARD QUESTION

Front

Classes in conflict according to Marx

Back

Bourgeoisie and proletariat

5.

FLASHCARD QUESTION

Front

Primary focus of socialism

Back

Government ownership of important industries

6.

FLASHCARD QUESTION

Front

Smith's believed the market regulated itself...

Back

...through the law of supply and demand

7.

FLASHCARD QUESTION

Front

Marx's said all of human history was...

Back

...defined by social class struggles

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