A company owned by a private owner
Capitalism/Socialism
Flashcard
•
Social Studies
•
10th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Back
Capitalism
2.
FLASHCARD QUESTION
Front
Prices determined by supply and demand
Back
Capitalism
3.
FLASHCARD QUESTION
Front
Redistribution of income (distributing wealth and income)
Back
Socialism
4.
FLASHCARD QUESTION
Front
Health care left to the free-market (left to privately owned businesses to provide)
Back
Capitalism
5.
FLASHCARD QUESTION
Front
Promotes competition
Back
Capitalism
6.
FLASHCARD QUESTION
Front
Services owned by the government
Back
Socialism
7.
FLASHCARD QUESTION
Front
Encourages compliance
Back
Socialism
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