Know the Difference

Know the Difference

11th Grade

•

40 Qs

quiz-placeholder

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Know the Difference

Know the Difference

Assessment

Quiz

•

Social Studies

•

11th Grade

•

Practice Problem

•

Hard

Created by

T Kendrick

Used 1+ times

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40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economics is a social science that deals with the _______, distribution, and consumption of goods and services.

production

exchange

marketing

storage

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three types of economic systems mentioned under 'How They Work'?

Traditional, Command, Market

Traditional, Mixed, Market

Command, Market, Mixed

Traditional, Command, Mixed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The four political ideologies mentioned under 'Political Ideology' are:

Liberalism, Conservatism, Socialism, and Libertarianism

Liberalism, Anarchism, Communism, and Fascism

Conservatism, Socialism, Anarchism, and Communism

Libertarianism, Fascism, Socialism, and Anarchism

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a major economic system during the Industrial Revolution?

Feudalism

Capitalism

Mercantilism

Barter System

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The three major economic systems during the Industrial Revolution were:

Capitalism, Socialism, and Communism

Feudalism, Mercantilism, and Capitalism

Monetarism, Keynesianism, and Socialism

Anarchism, Syndicalism, and Mutualism

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What political and economic systems did the United States and its western allies want to spread after World War II?

A) Communism and Socialism

B) Democracy and Capitalism

C) Monarchy and Feudalism

D) Fascism and Totalitarianism

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who wrote the book 'The Wealth of Nations'?

Karl Marx

Adam Smith

John Maynard Keynes

David Ricardo

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