Capitalism, Socialism, Communism

Capitalism, Socialism, Communism

10th Grade

13 Qs

quiz-placeholder

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Capitalism, Socialism, Communism

Capitalism, Socialism, Communism

Assessment

Quiz

History

10th Grade

Hard

Created by

Gabriel Cabral

Used 17+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which is NOT a characteristic of Capitalism?
Market Economy
Supply and Demand
Freedom of Competition
Classless Society

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The government or groups of workers might control these resources but the profits are divided among the people.
Capitalism
Communism 
Socialism
Mixed Economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a socialist economy, the wealth is distributed evenly among citizens.
True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
This economic system is based on competition, profits, and self-interest.
Socialism
Communism
Capitalism

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In a "pure" communist society, who are the wealthiest and most powerful people?
Intellectuals
Business leaders
Military leaders
No One--every member of society is supposed to be equal

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How does socialism differ from capitalism?
In socialism, the goverment controls the means of production; whereas, capitalism focuses on the private owner.
In socialism, the goverment provides subsidies for small buisnesses; whereas, capitalism only depends on the corporations to spark the economy.
In socialism, the goverment does not provide any form on humanitarian aid; whereas, capitalism funds small buisness with tax relief.
In socialism, the government controls what the consumer can purchase; whereas, capitalism controls what the business can market.

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What does communism believe in?
Economic system with individuals having private ownership of money/production.
Maintaining total control over society. 
Economic equality through elimination of private property.
A government of the people, by the people, for the people.

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