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Macro Chapter 2

Authored by Addison Ceritelli

History

12th Grade

Used 4+ times

Macro Chapter 2
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66 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the economic systems?

Capitalist Economy

Market System

Mixed System

Command Economy

Socialist System

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is known as the father of economics?

John Maynard Keynes
Milton Friedman
Adam Smith
David Ricardo

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who created the Wealth of Nations?

John Locke
Karl Marx
Adam Smith
David Hume

Karl Marx

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who wrote Communist Manifesto?

Joseph Stalin

Karl Marx

Vladimir Lenin
Leon Trotsky

Adam Smith

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who wrote Das Kapital?

Friedrich Engels
Karl Marx
Max Weber
Adam Smith

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the two main ways in which economic systems differ?

What government is enforced?

Who controls the people?

What is the method used to coordinate economic activity?

Who owns Factors of Production

What is the hierarchy between the rich and poor?

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a market system there is ___ ownership of ___

private ownership of resources
collective ownership of assets
public ownership of resources
government ownership of property

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