Capitalism / Communism

Quiz
•
Social Studies
•
10th Grade
•
Medium
Daniel Simonds
Used 30+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Intellectuals
Business leaders
Military leaders
No One--every member of society is supposed to be equal
Answer explanation
Did you get fooled by the picture?? Everyone is EQUAL in pure communism
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Economic decisions are made by the government
Capitalism
Communism
Answer explanation
A communist economy is known as a command economy. All economic decisions are made by the government
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The government sets the price of goods and determines wages for workers
Communism
Capitalism
Answer explanation
In a command economy, ALL economic decisions are made by the government
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The economy is based on the idea of competition (supply and demand) producing the best products
Communism
Capitalism
Answer explanation
Capitalism encourages many different businesses to compete with each other. The reward is PROFIT
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What societal problem did Karl Marx attempt to address in his manifesto? Choose the best answer.
The exploitation of the poor by the rich
The low quality of good produced at large factories.
Unfair laws that allow poor people to be sent to prison
The fact that the average person had no rights
Answer explanation
Karl Marx was concerned about inequality and exploitation. He believed the workers would RISE UP and crush the bourgeoise
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An economic system in which a country's industry is controlled by private owners for profit.
communism
socialism
fascism
capitalism
Answer explanation
In capitalism, the goal is PROFIT. The government is supposed to stay out of the economy and let businesses compete
7.
HOTSPOT QUESTION
1 min • 1 pt
The location of the first ever communist revolution (1917)
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