
Economic Systems
Quiz
•
History
•
12th Grade
•
Hard
Aaron Rodney
Used 4+ times
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16 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Laissez-faire means...
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The government or groups of workers might control these resources but the profits are divided among the people.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a socialist economy, the wealth is distributed evenly among citizens.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This economic system is based on competition, profits, and self-interest.
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In a "pure" communist society, who are the wealthiest and most powerful people?
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In a Communist country, workers have no ________ to work harder.
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
According to the law of supply and demand, how does over-manufacturing of a product affect the price?
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