Economic Systems 3.15

Front

Which is not an economic system? Capitalism, Mutualism, Communism, Socialism

Back

Mutualism

Front

In which economic system is the GOVERNMENT in control of land, resources, and factories but the PEOPLE still control some things as well?

Back

Socialism

Front

In which economic system are INDIVIDUALS in charge of owning land, resources, and factories? Options: Communism, Socialism, Capitalism

Back

Capitalism

Front

The people are in charge of the economy in which economic system?

Back

Capitalism

Front

In a "pure" communist society, who are the wealthiest and most powerful people?

Back

No One--every member of society is supposed to be equal

Front

How does socialism differ from capitalism?

Back

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

Front

______________get to make the economic decisions under capitalism.

Back

Individuals

Front

In which economic system are INDIVIDUALS in charge of owning land, resources, and factories? Options: Communism, Socialism, Capitalism

Back

Capitalism

Front

Which economic system shares economic power between a central government and the people?

Back

Socialism

Front

Which economic system gives economic power to the people?

Back

Capitalism