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blessyn study quizzz 2.4

Total questions: 25

Worksheet time: 22mins

Name
Class
Date
1.

What does socialist argue?

a)

Real equality can exist when political equality is coupled with economic equality

b)

Socialist countries the government

c)

Socialist belong in africa

d)

Socialist talk too much

2.

What did the March revolution of 1917 lead to?

a)

Czar Nicolas abdicating the throne

b)

Joe adams abdicating throne

c)

Blessyn abdicating throne

3.

What does authoritarian require?

a)

Strict obedience

b)

Strict religion

c)

Strict beliefs

4.

When did Stalin take over?

a)

After his death

b)

At his birth

c)

Before Christ

5.

What was committee that ran system responsible for

a)

Deciding the quantity

b)

Production process

c)

Distribution of 24

6.

Government control of - set up large-state owned farms

(a)  

7.

Who owned soviet factories

a)

State owned

b)

President owned

c)

City owned

8.

Standard of living remained - as did wages

(a)  

9.

Was workers allowed to strike ?

a)

Yes

b)

No

c)

Maybe

d)

Absolutely not

10.

Consumers would be left with no ——-

(a)  

11.

Consumers experienced the ————of central planners decisions

(a)  

12.

An advantage to communism is ?

a)

Low unemployment

b)

No competition

c)

Low scarcity

13.

Communist government usually have a ruler

a)

Authoritarian

b)

Permissive

c)

Passive

14.

Even market companies have -

(a)  

15.

How much patient growth does traditional economies have

?

a)

Alot

b)

Little

c)

None

16.

Why can’t no one economic system adequately satisfy everyone wants and needs?

4 lines
17.

Government create laws protecting what?

a)

Freedom of speech

b)

The right to vote

c)

Property rights and enforcing contract

18.

Private property is owned by who?

a)

Individuals or companies

b)

Government

c)

People

d)

My grandma

19.

A government must assess its values and prioritize its —————

(a)  

20.

Are you willing to pay taxes to fund the army

4 lines
21.

Millions of state employers lost their —-

(a)  

22.

In a centrally planned government prices are controlled by the ————

(a)  

23.

Some entrepreneurs tried to profit from the new situation raise their ————- excessively

(a)  

24.

The idea the government generally should not intervene in the workplace is

a)

Economic equity

b)

Laissez faire

c)

Free enterprise

d)

Economic freedom

25.

Which of these is the freest market in the world

a)

Sweden

b)

China

c)

Russia

d)

Hong Kong