Economic Systems

Economic Systems

9th - 12th Grade

30 Qs

quiz-placeholder

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Economic Systems

Economic Systems

Assessment

Quiz

History

9th - 12th Grade

Practice Problem

Medium

Created by

Colby Phillips

Used 28+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The economic policy favored by industrial leaders

Capitalism

Socialism

Communism

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Command Economy - the government controls all economic activity

Capitalism

Socialism

Communism

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Ricardo, Malthus, Smith

Capitalism

Socialism

Communism

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The public as a whole control the means of production for the benefit of all people rather than individuals

Capitalism

Socialism

Communism

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Goal: To achieve material equality by promoting a more equal distribution of wealth

Capitalism

Socialism

Communism

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Wanted the workers to control the government and society

Capitalism

Socialism

Communism

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Goal: To make a profit in the free-market

Capitalism

Socialism

Communism

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