Capitalism or Communism?

Capitalism or Communism?

Assessment

Flashcard

History, Social Studies

10th Grade

Hard

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25 questions

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1.

FLASHCARD QUESTION

Front

Karl Marx

Back

Communism

2.

FLASHCARD QUESTION

Front

Individual decision making influences economic decisions. Options: Capitalism, Communism

Back

Capitalism

3.

FLASHCARD QUESTION

Front

The state sets the price of goods and determines wages for workers.

Back

Communism

4.

FLASHCARD QUESTION

Front

Supply and demand determine production and price. What economic system does this describe?

Back

Capitalism

5.

FLASHCARD QUESTION

Front

Economic decisions are made by the government. What is this system called? (Options: Capitalism, Communism)

Back

Communism

6.

FLASHCARD QUESTION

Front

Governments should not interfere with business

Back

Capitalism

7.

FLASHCARD QUESTION

Front

Individuals are allowed to pursue their own self-interest in a free market.

Back

Capitalism

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