an economic system in which factories, equipment, and other means of productions are privately owned rather than controlled by government
9. FAC Industrialization #1

Quiz
•
History
•
10th Grade
•
Medium
Teresa Kahmann
Used 95+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
socialism
communism
capitalism
federalism
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a method of making stronger steel more cheaply and more quickly
Ford Process
Bessemer Process
Carnegie Process
Railroad Process
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
factors of production
land, labor and capital
factories, labor and raw materials
men, women, and children
money used for investing in business
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
any financial asset - including money, machines and buildings - used in the production of goods
raw materials
capital
corporations
monopoly
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a company recognized by law to exist independently from its owners, with the ability to own property, borrow money, sue or be sued
raw materials
capital
corporation
monopoly
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a company that completely dominates a particular industry
trust
capital
corporation
monopoly
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a set of companies managed by a small group known as a board of directors, who can prevent companies in the group from competing with each other. The group is called a ......
trust
capital
corporation
monopoly
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