New Ways of Thinking

New Ways of Thinking

Assessment

Flashcard

Social Studies

10th Grade

Hard

Created by

Quizizz Content

FREE Resource

Student preview

quiz-placeholder

20 questions

Show all answers

1.

FLASHCARD QUESTION

Front

In which economic system is the GOVERNMENT in control of land, resources, and factories?

Back

Socialism

2.

FLASHCARD QUESTION

Front

In which economic system are INDIVIDUALS in charge of owning land, resources, and factories?

Back

Capitalism

3.

FLASHCARD QUESTION

Front

In which economic system are the working class people as a WHOLE in charge of owning land, resources, and factories?

Back

Communism

4.

FLASHCARD QUESTION

Front

The founder of communism

Back

Karl Marx

5.

FLASHCARD QUESTION

Front

Which is NOT a characteristic of Capitalism? Options: Market Economy, Supply and Demand, Freedom of Competition, Classless Society

Back

Classless Society

6.

FLASHCARD QUESTION

Front

This economic system is based on competition, profits, and self-interest.

Back

Capitalism

7.

FLASHCARD QUESTION

Front

How does socialism differ from capitalism?

Back

In socialism, the goverment controls the means of production; whereas, capitalism focuses on the private owner.

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?