What economic system is characterized by private ownership of the means of production and the pursuit of profit?
APWH Unit 5: Revolutions Vocab Quiz

Quiz
•
History
•
12th Grade
•
Medium
John Fisher
Used 22+ times
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58 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Socialism
Communism
Capitalism
Conservatism
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which philosopher advocated for the separation of powers in government to prevent tyranny and ensure liberty?
John Locke
Thomas Hobbes
Mary Wollstonecraft
Baron von Montesquieu
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term, coined by Karl Marx, describes the social class of merchants, traders, and professionals, positioned between the aristocracy and the working class?
Proletariat
Bourgeoisie
Peasantry
Peninsulares
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who wrote "The Wealth of Nations," a foundational work in economics advocating for free market principles?
Karl Marx
Adam Smith
John Locke
Voltaire
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic system allows for minimal government interference in the marketplace and emphasizes free trade and competition?
Command Economics
Laissez-Faire
Socialism
Conservatism
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which political ideology advocates for the abolition of private property and the establishment of a classless society?
Liberalism
Conservatism
Communism
Feminism
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term refers to the system of manufacturing in which production is decentralized and conducted in workers' homes?
Factory System
Industrial Revolution
Cottage Industry
Second Industrial Revolution
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