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Political and Economic Models

Authored by Tamara Kaiwa

Social Studies

7th Grade

Used 2+ times

Political and Economic Models
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6 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In capitalist societies, who provides products and services?

The government

The individual

The workers

The collective

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main incentive for individuals in a capitalist system?

Equality

Social classes

Competition

Wealth redistribution

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who promoted the socialist model as an alternative to capitalism?

Karl Marx

Adam Smith

John Locke

Thomas Hobbes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In socialist societies, who owns and operates the means of production?

The workers

The government

The individual

The collective

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the aim of the socialist model?

Wealth generation

Social classes

Equality

Competition

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens when socialism does not reward the individual to produce more?

Mass poverty

Wealth redistribution

Competition

Equality

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