3.15 Sistemas Económicos Civics

What is the main goal of capitalism?

• Maximize profit and promote economic growth

• Promote economic equality

• Maximize profit and reduce competition

• Minimize profit and hinder economic growth

Which economic system believes in private ownership of the means of production?

• Capitalism

• Communism

• Socialism

• Feudalism

In socialism, who controls the economy?

• Individuals

• Foreign governments

• Corporations

• Government and Individuals

In the Communist system, why is there so little incentive for citizens to work harder and create new ideas?

• That is incorrect. In the Communist system, everyone works hard.

• Because no matter how hard citizens work, they never get vacation.

• Since money is shared and everyone is equally rich, why bother?

• Because the central government makes all economic decisions, so therefore what's the point?

Which system offers the greatest economic freedom?

• Capitalism

• Socialism

• Communism

• Federalism

What is the primary focus of capitalism?

• Equal distribution of wealth among all citizens

• Private ownership of the means of production and pursuit of profit

• Government control of all economic activities

• Public ownership of the means of production and pursuit of profit

What is the key difference between socialism and communism?

• Socialism allows for complete abolition of private ownership, while communism allows for some private ownership.

• Socialism and communism both advocate for complete abolition of private ownership.

• Socialism advocates for complete abolition of private ownership, while communism allows for some private ownership.

• Socialism allows for some private ownership, while communism advocates for complete abolition of private ownership.

Which system of government has always existed in the United States?

• Communism

• Socialism

• Federalism

• Capitalism

What is the role of competition in capitalism?

• Competition in capitalism leads to monopolies and price fixing.

• Competition in capitalism drives innovation, efficiency, and lower prices.

• Competition in capitalism hinders economic growth and development.

• Competition in capitalism results in decreased quality of products.

Which economic system emphasizes collective ownership of resources?

• Socialism

• Capitalism

• Communism

• Feudalism