Understanding the Phases of Capitalism

Understanding the Phases of Capitalism

Assessment

Interactive Video

Social Studies, History, Business

9th - 12th Grade

Practice Problem

Hard

Created by

Lucas Foster

FREE Resource

The video introduces capitalism, a system characterized by private property and profit pursuit. It explains the division of society into bourgeoisie and proletariat, highlighting the role of globalization in spreading capitalism. The video outlines the phases of capitalism: commercial, industrial, and financial, and discusses the current phase, informational capitalism, driven by the internet and global connectivity.

Read more

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal in a capitalist system?

Elimination of private property

Government control of resources

Constant pursuit of profit and capital accumulation

Equal distribution of wealth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are the bourgeoisie in a capitalist society?

Unemployed individuals

Workers who sell their labor

Government officials

Owners of the means of production

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do proletariats exchange for wages in a capitalist system?

Capital

Goods

Land

Force of labor

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which region faced difficulties integrating into capitalism due to a previous socialist regime?

East Asia

Eastern Europe

North America

Western Europe

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason some countries struggle to integrate into the capitalist system?

Previous socialist regimes

Geographical isolation

Cultural differences

Lack of natural resources

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a major commodity during the commercial phase of capitalism?

People

Oil

Technology

Gold

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which phase of capitalism saw the rise of industries?

Commercial Capitalism

Industrial Capitalism

Informational Capitalism

Financial Capitalism

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?