Bourgeoisie, Proletariat, Mercantilism, Bullionism

What social class typically owns the means of production in a capitalist society?

• bourgeoisie

• aristocracy

• serfs

• proletariat

Who are the working class individuals who sell their labor for wages?

• Investors

• Employees or workers

• Entrepreneurs

• Employers

Which economic theory emphasizes the importance of accumulating precious metals like gold and silver?

• Mercantilist theory

• Capitalist theory

• Communist theory

• Socialist theory

What is the term for the economic system where the government controls trade and commerce to increase national wealth?

• Feudalism

• Mercantilism

• Capitalism

• Socialism

In Marxist theory, who are the individuals who own and control the means of production?

• oligarchy

• aristocracy

• proletariat

• bourgeoisie

What term is used to describe the working class's struggle against the bourgeoisie in Marxist theory?

• working class conflict

• class struggle

• proletariat resistance

• bourgeoisie opposition

Which economic policy aims to have a favorable balance of trade by exporting more than importing?

• Export-Led Growth

• Balance of Trade Strategy

• Import-Led Growth

• Trade Deficit Policy

Who were the wealthy merchants and landowners in European society during the Middle Ages and Renaissance?

• Bourgeoisie

• Clergy

• Peasants

• Nobility

What is the term for the belief that a nation's wealth is measured by the amount of gold and silver it possesses?

• Communism

• Mercantilism

• Socialism

• Capitalism

In a capitalist society, who are the individuals who own and control the means of production?

• Capitalists or bourgeoisie

• Feudal lords

• Proletariat

• Socialists