Capitalism and Communism

Which economic system is based on the idea of private property?

• Mixed economy
• Feudalism
• Capitalism
• Communism

Who owns and controls the means of production in socialism?

• The middle class
• The government
• The wealthy class
• The workers

Which economic system believes in government control of the price of goods and wages for workers?

• Mixed economy
• Capitalism
• Communism
• Feudalism

What is the role of government in a laissez-faire capitalist system?

• To redistribute wealth
• To determine the price of goods and services
• To control the means of production
• To stay out of the economy

Who wrote the book 'The Communist Manifesto' and advocated for communism?

• John Locke
• Karl Marx and Friedrich Engels
• Adam Smith
• Isaac Newton

Which economic system is based on government ownership of property and businesses?

• Mixed economy
• Feudalism
• Capitalism
• Communism

Which social class is present in capitalism?

• No social classes
• Only the working class
• Only one social class
• Multiple social classes

Which economic system is based on the idea of a free market?

• Communism
• Socialism
• Capitalism
• Mixed economy

What is the main goal of capitalism?

• To pursue individual self-interest and earn profit
• To redistribute resources based on need
• To improve society through cooperation
• To create a classless society

Who wrote the book 'The Wealth of Nations' and advocated for capitalism?

• Karl Marx and Friedrich Engels
• John Locke
• Adam Smith
• Karl Marx