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WorksheetsIB: Political Systems
Total questions: 15
Worksheet time: 8mins
Which of the following best describes a democracy?
A system where a single party controls all aspects of life
A political system in which government is by the people, exercised either directly or through elected representatives
An economic system where the government owns all means of production
A system where the military holds all power
What is a key characteristic of totalitarianism?
Free and fair elections
Limited government intervention in the economy
Centralized control by an authoritarian leader or party
Protection of individual rights
Which of the following is NOT a feature of communism?
Private ownership of property
Collective ownership of the means of production
Central planning of the economy
Absence of class distinctions
In a market economy, who primarily determines what goods and services are produced?
The government
Religious leaders
Consumer demand and supply
Military officials
Which of the following best describes a command economy?
Prices are set by supply and demand
The government makes all economic decisions
Businesses operate independently of the state
There is minimal government intervention
Which political system is most likely to protect individual freedoms and rights?
Totalitarianism
Democracy
Communism
Command economy
Which of the following countries is an example of a market economy?
North Korea
Cuba
United States
Soviet Union (historically)
What is a major impact of totalitarian political systems on international business?
High levels of transparency and predictability
Limited government interference in business
High risk due to unpredictable government actions
Encouragement of free trade
Which of the following is a key difference between democracy and totalitarianism?
Democracies have a single ruling party
Totalitarian states allow for free press
Democracies allow for political pluralism and opposition
Totalitarianism encourages individual freedoms
Which economic system is most closely associated with communism?
Market economy
Mixed economy
Command economy
Traditional economy
Which of the following is a global example of a command economy?
Japan
Germany
North Korea
Canada
How does a market economy impact international business?
It restricts foreign investment
It allows for competition and innovation
It eliminates private enterprise
It centralizes all business decisions
Which of the following statements is true about communism?
It supports private property rights
It aims for a classless society
It is based on free market principles
It limits government involvement in the economy
What is one potential disadvantage of a command economy for international businesses?
High levels of competition
Unpredictable government intervention
Lack of government regulation
Rapid innovation
Which of the following best describes the relationship between political systems and economic systems?
Political systems have no influence on economic systems
Economic systems determine the type of political system
Political systems often shape the structure and functioning of economic systems
All countries have the same political and economic systems
