04.02.Economic Systems

Who is this writer of the Communist Manifesto that is credited with starting communism?

• Adam Smith

• Karl Marx

Who is this think who developed laissez-faire and is seen as the "father of capitalism"?

• Adam Smith

• Karl Marx

All property is private property

• Capitalism

• Socialism

• Communism

All property is public property

• Capitalism

• Socialism

• Communism

Both private property and public property exist

• Capitalism

• Socialism

• Communism

Goal is to make as much money as possible

• Capitalism

• Socialism

• Communism

Goal is to do what is best for society

• Capitalism

• Socialism

• Communism

Goal is to share all work and rewards as part of a global community.

• Capitalism

• Socialism

• Communism

The economy works best when markets are free and people can make and sell whatever they want.

• Capitalism

• Socialism

• Communism

The economy works best when the government makes some rules about how businesses should be run.

• Capitalism

• Socialism

• Communism