Capitalism & Free Market
Authored by Ella Brown
Social Studies
9th Grade
Used 4+ times
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11 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Who sets the prices in a free market? Check all that apply.
Buyers
Sellers
The government
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: In a free market, the government gets involved in setting prices.
TRUE
FALSE
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it called the "free" market?
Because it is a market where things are sold for free.
Because it is a market that is free from government interference.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is true of capitalism?
The government DOES get involved in the free market.
The government DOES NOT get involved in the free market.
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
In capitalism, is the government likely to set price ceilings or price floors for things? (Minimum/maximum prices)
Yes
No
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
In capitalism, is the government likely to let companies set their own prices for what they sell?
Yes
No
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which is most likely true of capitalism?
They will lower taxes on companies so that the companies can operate more freely
They will raise taxes on companies so that the companies can't do certain things.
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