Socialism, Capitalism, Communism

Socialism, Capitalism, Communism

9th - 11th Grade

9 Qs

quiz-placeholder

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Socialism, Capitalism, Communism

Socialism, Capitalism, Communism

Assessment

Quiz

Social Studies

9th - 11th Grade

Hard

Created by

Erin Foster

Used 1+ times

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is Capitalism?

A system where the government controls business
Capitalism is an economic system where the means of production are privately owned and operated for profit! 
A economic system in which the people have limited rights
An economic system in which most property and resources, such as factories or farms, are publicly owned or controlled.

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

______________get to make the economic decisions under capitalism.

Individuals
Government
Literally no one
The President 

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Laissez-faire means...

Hats off
Hands around
Hands off
Hands on

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government or groups of workers might control these resources but the profits are divided among the people.

Capitalism
Communism 
Socialism
Mixed Economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This economic system aims to make the best products for the lowest amount of money, which often times leads to bad treatment of workers.

Socialism
Communism
Mixed Market Economy 
Capitalism 

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The United States is an example of what economic systems? 

Capitalism
Socialism 
Mixed Economy 
Communism 

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Who owned everything under communism?

Wealthy people
The secret police
The government
The poor people

8.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is NOT true about communism?

People were poor.
People were rich.
No one could own property.
People had very little freedoms.

9.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is a key difference between capitalism and communism?

Private Property is allowed in Capitalism
Communism allows for a free market
Capitalism, in theory, spreads the wealth evenly
Communism encourages entrepreneurship