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Which one matches with Socialism?

Authored by Matt Langston

History, Social Studies

9th - 12th Grade

Used 23+ times

Which one matches with Socialism?
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10 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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The Communist Manifesto, published in 1848, lays out the initial ideas that would inspire the rise of Socialism and Communism in the Soviet Union. Along with Friedrich Engels, WHO is well known for being the author of this book?

Otto Von Bismarck

Karl Marx

Adam Smith

Niccolo Machiavelli

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following matches to the economic system of Socialism?

Businesses are owned by individuals

Businesses are owned by the government

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following matches to the economic system of Socialism?

Wealth is created by individuals and businesses that create products and services to offer in the economy

Wealth is controlled and managed by the government with the purpose of controlling where wealth is created and who gets it

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following matches to the economic system of Socialism?

Wealth is measured by the overall value produced by businesses managed by the government

Wealth is measured by the overall value produced by businesses privately run by people

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following matches to the economic system of Socialism?

The main incentive to work lies in helping produce for the overall economy so that everyone gets a little more

The main incentive to work lies in the fact that for everything you create (or offer as a service) you personally profit more

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following matches to the economic system of Socialism?

Businesses are managed equally by the government with the goal of managing what is produced overall in the economy, intending to provide equally for the needs of all people

Businesses compete with each other, often offering similar products and services, while attempting to innovate and efficiently price, so that they can "outsell" their competition

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following matches to the economic system of Socialism?

The only investment that exists is government investing into new businesses, ideas, and products

Investment is done by individuals with the hopes of investing in successful new ideas and products, so that investors can profit

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