Economic Systems

What did Karl Marx say would happen between workers and factory owners?

• collective bargaining between owners and workers
• the workers would rebel against the owners and win
• workers would be replaced by machines

In which economic system would there be no government?

• Pure Capitalism
• Pure Socialism
• Pure Communism
• Mixed Capitalism and Socialism

In which economic system does the government protect the rights of workers?

• Pure Capitalism
• Pure Socialism
• Pure Communism
• Mixed Capitalism and Socialism

Which economic system could also be called "wealth-ism"?

• Pure Capitalism
• Pure Socialism
• Pure Communism
• Mixed Capitalism and Socialism

Karl Marx is the father of?

• Pure Capitalism
• Pure Socialism
• Pure Communism
• Mixed Capitalism and Socialism

Adam Smith is the father of?

• Pure Capitalism
• Pure Socialism
• Pure Communism
• Mixed Capitalism and Socialism

In which economic system would there be no private property and no social classes?

• Pure Capitalism
• Pure Socialism
• Pure Communism
• Mixed Capitalism and Socialism

Which economic system has actually never existed?

• Pure Capitalism
• Pure Socialism
• Pure Communism
• Mixed Capitalism and Socialism

Which economic system does the USA have?

• Pure Capitalism
• Pure Socialism
• Pure Communism
• Mixed Capitalism and Socialism

Which economic system would have appealed to factory workers in the early Industrial Revolution?

• Capitalism
• Socialism