5.7 Industrial Revolution and Economic Changes Quiz

5.7 Industrial Revolution and Economic Changes Quiz

10th Grade

10 Qs

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5.7 Industrial Revolution and Economic Changes Quiz

5.7 Industrial Revolution and Economic Changes Quiz

Assessment

Interactive Video

Social Studies

10th Grade

Practice Problem

Hard

Created by

Mark Martinez

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic system began to decline with the advent of industrialization?

Feudalism

Mercantilism

Socialism

Capitalism

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who was a significant proponent of free market economics?

David Ricardo

Karl Marx

Adam Smith

John Keynes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did critics argue was a major flaw of free market economics?

It reduced consumer choice

It resulted in uneven wealth distribution

It led to economic instability

It encouraged monopolies

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic union did Friedrich List influence?

NAFTA

ASEAN

Zollverein

European Union

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Jeremy Bentham advocate as a solution to the issues of free market economics?

Less regulation on trade

Privatization of public services

More government intervention

Expansion of free trade agreements

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary purpose of the Hong Kong and Shanghai Banking Corporation?

To develop agricultural techniques

To promote British education in Asia

To support Chinese industrial projects

To manage British imperial finances

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of business structure limits the financial risk of its owners?

Sole proprietorship

Partnership

Cooperative

Limited liability corporation

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