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Capitalism, communism and socialism

Total questions: 15

Worksheet time: 15mins

Name
Class
Date
1.

Which system allows individuals to keep the full profit created by workers

a)

Capitalism

b)

Socialism

c)

Communism

d)

It applies to all three

e)

It applies to none of the three

2.

Which system puts the working class first by allowing them to control production?

a)

Capitalism

b)

Socialism

c)

Communism

d)

It applies to all three

e)

It applies to none of the three

3.

Which systems allows the government or state to control the economy?

a)

Capitalism

b)

Socialism

c)

Communism

d)

democracy

e)

none of the above

4.

Which two systems were divised to STOP the rich from getting richer and the poor from getting poorer?

a)

Communism and Socialism

b)

Capitalism and Socialism

c)

Communism and Capitalism

d)

It applies to none of these

e)

It applies to all three of these

5.

A kibbutz in Israel is a communal farm where all the workers share the profits. This would be an example of ....

a)

Capitalism

b)

Communism

c)

It applies to neither

d)

It applies to both

6.

The father of Socialism and Communism is .....

a)

Vladimir Lenin

b)

Joseph Stalin

c)

Karl Marx

d)

Donald Trump

7.

The BEST way to provide incentive (encouraging people to work hard) and to redistribute wealth according to the video is.....

a)

Capitalism with low taxation

b)

Capitalism with high taxation

c)

Socialism with no taxation

d)

Socialism and communism combined

8.
Which is NOT a characteristic of Capitalism?
a)

Market Economy with free choice

b)
Supply and Demand
c)
Freedom of Competition
d)
Classless Society
9.
In a socialist economy, the wealth is distributed evenly among citizens.
a)

True

b)

False

10.
This economic system is based on competition, profits, and self-interest.
a)
Socialism
b)
Communism
c)
Capitalism
11.
In a "pure" communist society, who are the wealthiest and most powerful people?
a)
Intellectuals
b)
Business leaders
c)
Military leaders
d)
No One--every member of society is supposed to be equal
12.
In a Communist country, workers have no ________ to work harder.
a)
Time
b)
Help
c)
Ability
d)
Incentive
13.
What does communism believe in?
a)
Economic system with individuals having private ownership of money/production.
b)
Maintaining total control over society. 
c)
Economic equality through elimination of private property.
d)
A government of the people, by the people, for the people.
14.
Karl Marx's ideas inspired
a)
free market economies
b)
democracies
c)
technological innovation
d)
dictatorships
15.
This economic system aims to make the best products for the lowest amount of money, which often times leads to bad treatment of workers.
a)
Socialism
b)
Communism
c)
Mixed Market Economy 
d)
Capitalism