Free Enterprise and Government Intervention

Free Enterprise and Government Intervention

12th Grade

10 Qs

quiz-placeholder

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Free Enterprise and Government Intervention

Free Enterprise and Government Intervention

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

Created by

Eric Francis

Used 6+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key factor that has contributed to America's economic success?

Open land and natural resources

Uninterrupted flow of immigrants

Free enterprise

Flexible labor market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which constitutional protection ensures that the government cannot take people's property without a compelling reason and fair compensation?

Property Rights

Taxation

Contracts

Eminent domain

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the profit motive in a free enterprise system?

The force that encourages people to improve their material well-being

The government's control over business activities

The competition between companies

The commitment to legal equality

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the concept of open opportunity in a free enterprise system?

The idea that everyone can compete in the marketplace

The commitment to legal equality

The right to control one's possessions

The freedom to make contracts

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are economic rights in a free enterprise system?

The commitment to legal equality

The right to control one's possessions

The freedom to make contracts

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of the consumer in the free market?

To provide jobs for everyone who is able to work

To make informed choices and influence producers

To promote economic growth and stability

To ensure the safety and well-being of the public

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's role in protecting health, safety, and well-being?

To provide public goods and services

To regulate industries that affect the public's well-being

To promote economic growth and stability

To ensure the safety and well-being of the public

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