Font size
WorksheetsComparing Polit and Econ Systems & Spice Girls "3 Lists"
Total questions: 31
Worksheet time: 2hrs 13mins
The father of modern socialism and communism, and most significant critic of capitalism as it developed during the early Industrial Revolution.
Adam Smith
Thomas Paine
Marie Curie
Karl Marx
Madama C. J. Walker
This German philosopher called capitalism the "dictatorship of the proletariat" and believed it would eventually self-destruct.
Adam Smith
Thomas Paine
Marie Curie
Karl Marx
Madame C. J. Walker
How do citizens of a typical socialist country help to fund government programs?
by paying higher taxes
by giving up pensions
by paying higher rents
through welfare payments
none of the above
Which factor of production exists whether or not humans are involved?
all factors of production
labor
capital
land
none of the above
Select all of the listed components of a free market system.
buyers and sellers are free to buy and sell as they wish
workers can quit their jobs and seek new ones
private ownership of capital and investments are determined by private decision, not public authorities
most likely to exist in a democratic nations, where security and the rule of law are protected by the government
none of the above
TRUE, FALSE, or DIFFICULT TO DETERMINE: A free enterprise system lets consumers, entrepreneurs, and workers enjoy freedom of choice.
TRUE
FALSE
DIFFICULT TO DETERMINE
TRUE, FALSE, or DIFFICULT TO DETERMINE: A capitalistic system--a free enterprise system--is based on four fundamental factors: private ownership, individual initiative, profit, and competition.
TRUE
FALSE
DIFFICULT TO DETERMINE
TRUE, FALSE, or DIFFICULT TO DETERMINE: The protection of the rights of private ownership is also important, particularly in the United States. The 5th and 14th amendments declare that no person may be deprived “of life, liberty, or property, without due process of law.” The 5th Amendment also says that “just compensation” must be paid to owners when their private property is taken for some public use.
TRUE
FALSE
DIFFICULT TO DETERMINE
In a free enterprise system, individuals own the right to their own labor. They sell that labor by taking a job, and the pay they receive represents the price paid for their work. In other economic systems, workers may have little choice as to the kinds of work they will do and little opportunity to change jobs or pay.
TRUE
FALSE
DIFFICULT
Select the four fundamental factors of "a capitalistic system--a free enterprise system"...from the following list.
private ownership
individual initiative
strict governmental regulation and control of production
profit
competition
A firm that is the only source of a product or service is called.....
supply
demand
monopoly
equilibrium
surplus
When supply and demand are in balance, what is occurring?
shortage
surplus
monopoly
equilibrium
equality
When supply is high and demand is low, what is occurring?
shortage
demand
monopoly
surplus
equilibrium
Which law prohibits "every contract, combination in the form of a trust or otherwise, or conspiracy in restraint of trade of commerce among the several States, or with foreign nations?
The Voting Rights Act
The Sherman Anti-Trust Act
The Civil Rights Act
none of the above
all of the above
What type of monopoly exists " when several corporations in the same line of business work together to eliminate competition from the market and regulate prices?"
trunk
trap
truck
trust
none of the above
To further promote entrepreneurship and foster competition, Congress established the Anti-Trust Division in the Department of Justice in THIS YEAR.
1893
1933
1983
2013
none of the above
From the list below, "select all of the powers" the Constitution grants to Congress
to regulate the value of US money, and provide for the punishment of counterfeiting
granting inventors "the exclusive Right to their respective Writings and Discoveries"
to establish bankruptcy laws
power to regulate commerce with foreign nations among the States
none of the above
Author of The Wealth of Nations, in 1776, who wrote that "when all individuals are free to pursue their own private interests, an “invisible hand” works to promote the general welfare."
Karl Marx
John Maynard Keynes
Adam Smith
Janet Yellen
Elinor Ostrom
Select from the list below, all of the allowable roles governments may play under laissez-faire theory.
foreign relations
national defense
maintenance of courts to promote the free play of competition and the operation of the laws of supply and demand
maintenance of police protection of private property, health, safety, and morals of people
none of the above
With which statement would a strict proponent of laissez-faire capitalism agree?
Congress would spend little to no time on the creation of laws regulating the economy.
The government should leave the business of providing police protection in the hands of private companies
Huge profits are guaranteed in free enterprise system
Government should assist entrepreneur in becoming and remaining
Spice Girls 2021 PRESENT THEIR "LISTS of THREES":
Breakfast, Lunch or Dinner
Breakfast
Lunch
Dinner
Spice Girls 2021 PRESENT THEIR "LISTS of THREES"
COLLEGE: In State, Out of State, Florida State
In State
Out of State
Florida State
Spice Girls 2021 PRESENT THEIR "LISTS of THREES"-
Gainesville Resturants: Bento, Dragonfly, Bangkok
Bento
Dragonfly
Bangkok Square
Spice Girls 2021 PRESENT THEIR "LISTS of THREES":
ABC, NBC, BBC
ABC
NBC
BBC
Spice Girls 2021 PRESENT THEIR "LISTS of THREES": MOVIES
Coming 2 America, Hamilton, Nomadland
(four choices---but sort of a freebie question if you are a Spice Girls fan)
Coming 2 America
Hamilton
Nomadland
"Anything but Hamilton"
Spice Girls 2021 PRESENT THEIR "LISTS of THREES":
Taylor Swift, Billie Eilish, Megan Thee Stallion
Taylor Swift
Billie Eilish
Megan Thee Stallion
Spice Girls 2021 PRESENT THEIR "LISTS of THREES"-Streaming Services: HBO, Netflix, Hulu
HBO
NETFLIX
HULU
Choose ALL events that occurred in 2001 in the list below
George Bush becomes President
Terrorists demolish the World Trade Center
Hurricane Katrina devastates New Orleans
United States invades Afghanistan
none of the above
Choose ALL events that occurred in the 2000 decade from the list below
Bill Clinton elected President
James Brown dies
Supreme Court upholds use of racial preferences in admission to University of Michigan Law School
August Wilson wins Pulitzer Prize for his play FENCES
Barack Obama elected
In the latest mock NFL draft, who is project to be taken by the New York Jets with their first pick?
Trevor Lawrence, CLEMSON
Zach Wilson, BYU
Justin Fields, OHIO STATE
none of the above
Which NFL team recently made a blockbuster deal for the No. 3 spot?
Miami Dolphins
Buffalo Bills
San Francisco 49ers
Jacksonville Jaguars
none of the above
