3.15 Economic systems

Front

Which is not an economic system? Capitalism, 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?

Back

Capitalism

Front

In which economic system is The GOVERNMENT in charge of all the economy? Options: Communism, Socialism, Capitalism

Back

Communism

Front

The government is strongly involved in which economic system but does not control everything? Options: Capitalism, Socialism, Communism

Back

Socialism

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

A small family-owned business would be seen in this system

Back

Capitalism

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