Capitalism

Which of the following is NOT a characteristic of capitalism?

• Free market

• Government control

• Economic freedom

• Consumer choice

What does the image suggest about consumer choice in a capitalist economy?

• Consumer choice is restricted

• Consumer choice is dictated by the government

• There is a wide range of consumer choices

• Consumer choice is only for the wealthy

In capitalism, what is considered a measure of success?

• Community service

• Profits

• Employee satisfaction

• Environmental impact

What type of economy is socialism based on?

• Mixed Economy

• Traditional Economy

• Market Economy

• Command Economy

What is a key goal of socialism in terms of public services?

• Luxury vacations

• Universal healthcare & education

• Personal wealth accumulation

• Exclusive entertainment

Which of the following is a typical aspect of communism?

• State ownership of resources

• Market-driven economy

• Individual profit motive

• Private property rights

In communism, how are businesses typically managed?

• By private owners

• By local communities

• By the government

• By international corporations

In communism, what is considered beneficial for the community?

• Accumulating wealth individually

• Distributing resources equally among all

• Prioritizing resources for the elite

• Encouraging competition for resources

In communism, how are citizens treated?

• Unequally

• Fairly

• Based on wealth

• Based on power

What is the ultimate goal of communism in terms of wealth?

• To concentrate wealth

• To distribute wealth evenly

• To increase wealth for leaders

• To ignore wealth distribution