WorksheetsCapitalism and Communism
Total questions: 15
Worksheet time: 15mins
In ___________, individuals own both private property and the means of production (factories, machines, tools, etc.).
Capitalism
Socialism
Communism
Mercantilism
In this system people make all economic decisions based on their own self-interest. In a pure __________ system, only
the forces of supply and demand control the economy.
Capitalist
Socialist
Communist
Mercantilist
argued for Capitalism in his book The Wealth of Nations.
Karl Marx
Friedrich Engles
Adam Smith
John Locke
________ argued for Communism in The Communist Manifesto and Das Kapital
Adam Smith
Karl Marx
Josef Stalin
Vladimir Lenin
The term used for the working class, often used when describing the theories of Karl Marx
Serfs
Second Estate
Bourgeoisie
Proletariat
In ___________, the government/people as a group own all property and the means of production. Goods and services are shared equally.
Capitalism
Socialism
Communism
Mercantilism
This economic system is related to the idea of "survival of the fittest".
Capitalism
Mercantilism
Socialism
Communism
A large gap between the rich/poor, bad working conditions, and child labor were the result of which economic system of the Industrial Revolution.
Capitalism
Socialism
Communism
Mercantilism
When Communism was introduced, who would have likely been its biggest supporters?
Upper Class
Middle Class
Lower Class
Karl Marx predicted that with Communism, the government would be unneeded; however, instead ____________ frequently emerged.
Democracy
Dictatorships
Freedom of Choice
Tolerance of Multiple Political Parties
In the 1800's and 1900's communist governments/economies emerged in the following locations:
United States, Japan & Germany
Brazil, Mexico & Canada
Britain, France & Spain
Russia, China & Cuba
Identify this father of communist theory
Adam Smith
Friedrich Engels
Karl Marx
Charles Dickens
Which of the following is a key characteristic of capitalism?
A) Collective ownership of resources
B) Centralized economic planning
C) Private ownership of property
D) Equal distribution of wealth
In a communist system, who typically controls the means of production?
A) Private individuals
B) The government or the community as a whole
C) Foreign investors
D) Religious institutions
Which economic system is often associated with the concept of 'class struggle'?
A) Capitalism
B) Feudalism
C) Communism
D) Mercantilism
