Johnson - Capitalism, Communism, and Socialism

Johnson - Capitalism, Communism, and Socialism

Assessment

Flashcard

Social Studies

8th Grade

Easy

Created by

Amy C Johnson

Used 3+ times

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

Which is a characteristic of Communism?

Back

Classless Society

2.

FLASHCARD QUESTION

Front

This economic system is based on competition, profits, and self-interest.

Back

Capitalism

3.

FLASHCARD QUESTION

Front

In a communist society, who controls the economy?

Back

The Government

4.

FLASHCARD QUESTION

Front

How does socialism differ from capitalism?

Back

In socialism, the government controls the means of production; whereas, capitalism focuses on the private owner.

5.

FLASHCARD QUESTION

Front

What does communism believe in?

Back

Economic equality through elimination of private property.

6.

FLASHCARD QUESTION

Front

This economic system aims to make the best products for the lowest amount of money, which often times leads to bad treatment of workers.

Back

Capitalism

7.

FLASHCARD QUESTION

Front

Greed is a weakness of which system? Options: Capitalism, Communism, Socialism

Back

Capitalism

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