US/Canada Types Of Governments

US/Canada Types Of Governments

Multiple Choice

In a socialist system the government has ____ private ownership of small business

• no

• some

• a little

• none of the above

Multiple Choice

Which of the following are characteristics of a communists government?

• No economic freedom

• People own their own businesses

• People own private property

• People have profit motive

Multiple Choice

Which is a characteristic of a Free Enterprise Economy?

• Economic Freedom

• Voluntary Exchange

• Private Property

• Profit Motive

• All of the above

Multiple Choice

Why are free enterprise systems beneficial?

• People have to do exactly what the government tells them

• People have opportunities to invent things and get rich

• People have more opportunities to make friends

• People are happier