Capitalism, Socialism, Communism

Flashcard
•
Social Studies
•
9th Grade
•
Hard
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14 questions
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1.
FLASHCARD QUESTION
Front
In which economic system are INDIVIDUALS in charge of owning land, resources, and factories? Options: Communism, Socialism, Capitalism
Back
Capitalism
2.
FLASHCARD QUESTION
Front
Greed is a weakness of which system? Options: Capitalism, Communism, Socialism
Back
Capitalism
3.
FLASHCARD QUESTION
Front
Low production of resources is a weakness of which 2 systems? Options: Capitalism and Communism, Communism and Socialism, Socialism and Capitalism
Back
Communism and Socialism
4.
FLASHCARD QUESTION
Front
There is a great divide between people with high incomes and low incomes in which system?
Back
Capitalism
5.
FLASHCARD QUESTION
Front
Which economic system encourages high quality, achievement, and production? Options: Socialism, Communism, Capitalism
Back
Capitalism
6.
FLASHCARD QUESTION
Front
In a socialist economy, the wealth is distributed among citizens in order to reduce the wealth gap.
Back
True
7.
FLASHCARD QUESTION
Front
______________get to make the economic decisions under capitalism.
Back
Individuals
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