Chapter 16.4 Review

Which of the following is a change in American life related to population?

• Increased trade

• Urban population growth

• More leisure time

• Increased wealth

Which change in American life involves the economy and business activities?

• Urban problems

• Shifting family life

• Increased trade

• More leisure time

Which change in American life is associated with having more free time?

• Increased wealth

• Urban population growth

• More leisure time

• Shifting family life

Which of the following is a problem that arose in urban areas?

• Increased trade

• Urban problems

• More leisure time

• Increased wealth

Which change in American life involves changes in household dynamics?

• Increased trade

• Urban population growth

• Shifting family life

• Increased wealth

Which change in American life is related to financial growth?

• Urban problems

• Increased wealth

• More leisure time

• Shifting family life

What does the term "materialism" mean?

• Placing great emphasis on money and possessions

• Placing great emphasis on health and fitness

• Placing great emphasis on education and knowledge

• Placing great emphasis on relationships and family

What is capitalism?

• An economic system where businesses and property are owned by the government.

• An economic system where businesses and property are privately owned and operated.

• An economic system where businesses and property are owned by the community.

• An economic system where businesses and property are owned by foreign investors.

In a capitalist system, what are people free to do?

• Only work for the government.

• Only invest in government projects.

• Invest and seek profits.

• Only work for non-profit organizations.

Who can go into business and compete with others in a capitalist system?

• Only government officials.

• Only wealthy individuals.

• Anyone.

• Only foreign investors.