
15-4 Vocab
Authored by Leo Barther
Social Studies
9th Grade
Used 5+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
He was a German journalist who introduced the world to a radical type of socialism.
Karl Marx
Bill Gates
Adam Smith
Thomas Jefferson
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
He argued there were three laws of economics.
Jeremy Bentham
Karl Marx
Adam Smith
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
This is the economic policy of letting
owners of industry and business set working conditions without interference.
Hands Off
Capitalism
Socialism
Laissez Faire
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
This is the theory that states people should judge ideas, institutions, and actions on the basis of their util-
ity, or usefulness.
Utilitarianism
Socialism
Capitalism
Anarchy
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
This is an economic system in which the factors of
production are privately owned and money is invested in business ventures to make
a profit. These
Communism
Capitalism
Laissez Faire
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
This economic theory states that the factors of production are owned by the public and operate for the welfare of all.
Government
Utilitarianism
Capitalism
Socialism
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the correct definition of the union?
A group of factory owners to gather together to set prices.
A group of workers who gather together to support each other.
A group of workers who gather together to form a commune.
A group of factory owners who gather together to lobby for reforms.
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