Capitalism, Socialism, Communism

Capitalism, Socialism, Communism

Assessment

Flashcard

History

9th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

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20 questions

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1.

FLASHCARD QUESTION

Front

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

Back

Classless Society

2.

FLASHCARD QUESTION

Front

Laissez-faire means...

Back

Hands off

3.

FLASHCARD QUESTION

Front

The government or groups of workers might control these resources but the profits are divided among the people.

Back

Socialism

4.

FLASHCARD QUESTION

Front

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

Back

True

5.

FLASHCARD QUESTION

Front

This economic system is based on competition, profits, and self-interest.

Back

Capitalism

6.

FLASHCARD QUESTION

Front

In a "pure" communist society, who are the wealthiest and most powerful people?

Back

No One--every member of society is supposed to be equal

7.

FLASHCARD QUESTION

Front

In a Communist country, workers have no ________ to work harder.

Back

Incentive

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