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Name that Type of Socioeconomic System

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Equality, Government decides, and Government ownership are key words for what type of Socioeconomic System?

a)

Capitalism

b)

Socialism

c)

Communism

2.

Competition, Private ownership, and Freedom are key words for what type of Socioeconomic System?

a)

Capitalism

b)

Socialism

c)

Communism

3.

Communal ownership, no Government or money, and Societal benefit are key words for what type of Socioeconomic System?

a)

Capitalism

b)

Socialism

c)

Communism

4.

What socioeconomic system do we have in the US?

a)

Capitalism

b)

Socialism

c)

Communism

5.

John works very hard to be the best doctor he can be: he stays late, reads medical books, and attends classes. His coworker does not work as hard, so John gets paid more than his coworker. What Socioeconomic System is John part of?

a)

Capitalism

b)

Socialism

c)

Communism

6.

Susan works as a cashier at McDonalds. Her pay check is pretty small, but she knows that if she continues to work hard and finish school, she can work her way up to a job that pays more. What Socioeconomic System does Susan live in?

a)

Capitalism

b)

Socialism

c)

Communism

7.

Jack broke his leg playing hockey, so he cannot go to work for a week. He is not worried though, because he knows the government will pay for his healthcare and will still give him enough food to eat to make sure everyone is equal. What Socioeconomic system does Jack live in?

a)

Capitalism

b)

Socialism

c)

Communism

8.

Samantha is a CEO of her business. But the government gives her and her entry level employees the same amount of food rations because they want every member of the country to be equal. What Socioeconomic system does Samantha live in?

a)

Capitalism

b)

Socialism

c)

Communism

9.

Julie needs to go grocery shopping for her family. She goes in and takes 2 loafs of bread and 3 cans of soup because that is exactly the amount of food they will need for the rest of the week. She does not pay since there is no money. What Socioeconomic System does Julie live in?

a)

Capitalism

b)

Socialism

c)

Communism

10.

Mark is a engineer. He does his job not to get money, but because he knows it will benefit the whole society if he does. He knows that if everyone just does their part, they will have no need for a government or money. What Socioeconomic system does Mark live in?

a)

Capitalism

b)

Socialism

c)

Communism