
Capitalism vs Communism - Formative Assessment
Authored by Joe Goyeneche
History, Social Studies
9th - 11th Grade
Used 196+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In ___________, individuals own both private property and the means of production (factories, machines, tools, etc.).
Capitalism
Socialism
Communism
Mercantilism
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In this system people make all economic decisions based on their own self-interest. In a pure __________ system, only
the forces of supply and demand control the economy.
Capitalist
Socialist
Communist
Mercantilist
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
_________ argued for Capitalism in his book The Wealth of Nations.
Karl Marx
Friedrich Engles
Adam Smith
John Locke
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In this economic system, people may own private property, but the public controls the means of production.
Capitalism
Socialism
Communism
Mercantilism
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In a socialist economy individuals have less freedom than communist economies, but more freedom than capitalist economies.
True
False
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
________ argued for Communism in The Communist Manifesto and Das Kapital
Adam Smith
Karl Marx
Josef Stalin
Vladimir Lenin
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The term used for the working class, often used when describing the theories of Karl Marx
Serfs
Second Estate
Bourgeoisie
Proletariat
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