Capitalism Quiz

What is the primary economic system used in the United States, as described in the text?

• Socialism

• Communism

• Capitalism

• Monarchy

What do capitalists believe about the government's role in the economy?

• The government should control all economic aspects

• The government should enforce strict regulations

• The government should not make many laws about the economy

• The government should own all properties

What is a key reason proponents of capitalism believe it is the best economic system?

• It restricts people's ability to own property.

• It allows for the redistribution of wealth among all citizens.

• It enables people to use their property to help the most people.

• It requires high taxes to fund government projects.

(a)   are mentioned as not believing that capitalism is the best economic system.

• United States, Canada, and Great Britain
• China, Cuba, and North Korea.
• India, Russia, and South Africa.
• Australia, New Zealand, and Japan.

What is the primary criticism of capitalism by its opponents?

• It allows too much government interference.

• It is considered an unfair economic system.

• It promotes too much freedom of invention.

• It supports only small businesses.

What is the author's main purpose in writing this article?

• To analyze the historical impact of capitalism

• To persuade readers to support a particular view of capitalism

• To inform readers about different aspects of capitalism

• To entertain readers with stories about capitalism

One of the central topics of the article is about what capitalism is. What is another central topic of the article?

• Ownership of property

• How investing works for small businesses

• The pros and cons of capitalism

• The benefits of communism and socialism

What does the word "recompense" most closely mean as it is used in paragraph 4?

• to pay back

• to apologize to

• to offer a bribe to

• to invest in

Which phrase is a context clue that can help readers understand the word "recompense" as it is used in paragraph 4?

• "buy a small piece of something"

• "because you believe it has value"

• "giving them a percentage of the money"

• "Martha got the extra money she needed"

Which phrase best describes the relationship between workers and business owners in a capitalist society?

• working together toward a common goal

• in conflict over personal differences

• united in their support for capitalism

• in competition with one another for money