Political and Economic Ideologies

Which of the following is a benefit of democracy?

• It supports fairness and gives people a voice
• It lets one leader make all decisions quickly
• It makes sure everyone agrees on every decision
• It stops any influence from special groups

What is one problem that democracy can have?

• It takes time to make decisions
• It stops people from being involved in the government
• It limits how people can share their opinions
• It keeps the same leaders in power for a long time

In a constitutional monarchy, who shares power with the king or queen?

• The elected parliament
• The king or queen's family members
• A group of rich nobles
• The leaders of big companies

Which of the following is a disadvantage of a constitutional monarchy?

• It creates class privilege
• It allows the leader to have unlimited power
• It stops traditional cultural practices
• It changes national leadership often

Which of the following is a feature of communism?

• The government owns all businesses and farms
• The market is completely free without any rules
• People can own big industries privately
• It focuses on competition between businesses

What is one downside of communism?

• It limits personal growth and freedom
• It creates big differences in wealth
• It focuses more on personal profit than on helping others
• It encourages people to take financial risks

Socialism tries to achieve which of the following?

• A balance between wealth and earnings
• Prices set only by market forces
• A focus on making the most money for each person
• Very little government involvement in the economy

Which of the following is a problem with socialism?

• Bureaucracy can make services slow and difficult
• It leads to extreme wealth concentration
• It allows private businesses to form monopolies
• It relies on market-driven healthcare and education

What is a main idea of capitalism?

• A free-market economy with private ownership
• Complete government control over all businesses
• The public owns important industries like healthcare
• Everyone has the same income no matter what

What is a common criticism of capitalism?

• It leads to economic inequality
• It ensures everyone has equal access to wealth
• It makes the government control the economy
• It reduces competition and new ideas