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APE Period 2, MU #8 Notebook 27 Capitalism Quiz

Authored by Andrew S. Banderas

History

10th Grade

Used 9+ times

APE Period 2, MU #8 Notebook 27 Capitalism Quiz
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14 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic system dominated the 18th century in Europe?

Socialism

Mercantilism

Communism

Feudalism

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which European countries had eliminated the Spanish, Portuguese, and French competition in Asia after the Seven Years War?

Spain and Portugal

France and England

Germany and Italy

England and the Netherlands

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the biggest change in European economics before industrialization?

The barter system

The guild system

The command economy

The putting-out system

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who codified a new economic theory in his book the Wealth of Nations in 1776?

Karl Marx

Milton Friedman

Adam Smith

John Maynard Keynes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Adam Smith advocate in his economic theory?

State interference in the market

Free market economics

Centralized economic planning

Communal ownership of resources

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the putting-out system involve in the mid 18th century?

Centralized manufacturing in factories

Encouraging self-sufficiency in households

Distributing textile production to workshops

Importing finished textiles from other countries

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Europeans continue to exploit and control in the 18th century?

Foreign military alliances

European trade unions

Independent indigenous communities

Single-export based colonies

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