Quizizz - Reforming the Industrial World

What is Laissez-Faire?

• Government should not regulate industries and businesses

• Government should regulate industries and businesses

• Government should control all industries and businesses

• Government should only regulate some industries and businesses

Who is known as the 'Father of Capitalism'?

• Adam Smith

• Jeremy Bentham

• John Locke

• Karl Marx

What is Capitalism?

• A system where government regulates businesses

• A system based on public ownership and shared resources

• A system based on private ownership and profit

• A system where government owns all businesses

What is Utilitarianism?

• The theory prioritizing individual rights over the greater good

• The theory promoting the greatest good for the most people

• The theory suggesting government actions are not useful

• The theory benefiting only a select few

What is Socialism?

• An economic system where businesses and industries are owned by the rich

• An economic system where businesses and industries are owned by the public

• An economic system where businesses and industries are owned by foreign investors

• An economic system where businesses and industries are regulated by the government

Who is known as the 'Father of Communism'?

• Jeremy Bentham

• Adam Smith

• Karl Marx

• John Locke

What is Communism?

• Means of production are owned by private individuals

• Means of production are owned by foreign investors

• Means of production are owned by the rich

• Means of production are owned by the people collectively

What is Anarchism?

• A philosophy for a people-controlled government

• A philosophy arguing all government forms are harmful

• A philosophy for a strong, centralized government

• A philosophy for a limited government

What is a Union?

• An association of leaders formed to establish world peace

• An association of workers formed to advocate for the abolition of unions

• An association of workers formed to bargain for better working conditions and higher wages

• An association of workers formed to establish fun clubs and activities

What is a Strike?

• To work in a different industry than one is trained for

• To refuse to work in order to force an employer to meet certain demands

• To work extra hours voluntarily

• To work for multiple employers simultaneously