Economic Systems
Quiz
•
Social Studies
•
7th Grade
•
Practice Problem
•
Hard
Omaura Marte
Used 51+ times
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13 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
"From each according to his ability," meant
People would work at what the company needed.
People would work if they wanted to.
People would work at what they loved and did well.
People would work until they got tired.
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Abolition of private property in land and destine it to public purposes for all to use.
Capitalism
Socialism
Communism
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
"To each according to his need" meant
It would distribute goods and services to everyone as they required them.
It would distribute goods and services to those that invested their own money.
It would distribute goods and services to everyone as they wanted them.
It would distribute goods and services to unequally.
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The community would take care of those who couldn't work. Those who were able to work would be motivated by enlightened self-interest.
Capitalism
Communism
Feudalism
Socialism
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The leaders create a plan that outlines their choices. It's executed with laws, regulations, and directives.
The goal of the plan is to give to "each according to his need."
Socialism
Capitalism
Communism
Feudalism
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The laws of supply and demand don't set prices, the government does.
Socialism
Capitalism
Communism
Feudalism
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
China,Cuba and North Korea are incorrectly described as
Socialist
Communist
Capitalist
Mixed
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