Unit 6 Quiz 1 Review

Front

What is the following situation an example of?

Anna is the leader of Town X. Ben is the leader of Town Y.

Last month, Anna said Ben's town was boring. Instead of having her guards attack Anna, Ben stopped all trade with Town X to hurt their economy and make Anna look bad.

Back

Front

What is the following situation an example of?

Since Mr. L doesn’t let students eat in class, they have to leave the room if they want a snack during the lesson.

Back

Front

What is the following situation an example of?

After Jake left his position as team captain, the players didn’t know who to ask for advice or help when they needed something for the game.

Back

Front

Global power

Back

Front

Who owns businesses and sets prices under capitalism?

Back

Individuals

Front

What is the goal of capitalism?

Back

Profit (making money)

Front

What system is this an example of?

Tom owns a coffee shop. When he opened his shop, he bought a coffee machine to make drinks. Because Tom bought the coffee machine, it belongs to him. Tom also gets to set the prices for his drinks. It only costs Tom $2 to make a cup of coffee, but he decides to sell it for $4 so he can earn a profit.

Back

Front

What is valued most under capitalism?

Back

Front

What system is this an example of?

Sally’s lemonade stand is doing really well. With the money she made from selling lemonade, Sally bought a new bike and started shopping at a fancy store.
Sadly, Mark’s toy-making business isn’t doing well. He’s having trouble paying for his rent and food. Mark asked Sally for help, but she said no. Sally believes Mark should work harder and make his own money instead of asking for hers.

Back

Front

Who owns businesses and sets prices in a communist state?

Back

The Government