What is capitalism, the economic system that emerged during the Industrial Revolution?
World History - Unit 7 Quizzizz

Quiz
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History
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9th - 12th Grade
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Medium

Kevin Lewis
Used 1+ times
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20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An economic system where the government controls production
A system where the means of production are privately owned
A system promoting shared ownership of resources
An ideology focused on communal living
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does laissez-faire refer to, a policy supported by thinkers like Adam Smith during the 18th century?
Government control of all markets
Free trade agreements between nations
Minimal government interference in economic affairs
High taxation to control economic growth
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define industrialization, the process that transformed economies during the Industrial Revolution.
The process of building agricultural systems
The development of factories and machine-based production
The decline of urban populations
The creation of international alliances
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a proletarian, a term used by Karl Marx to describe members of society?
A factory owner
A member of the working class
A government official
A scholar in economic theory
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is mercantilism, the economic policy European nations adopted during the Age of Exploration?
An economic theory promoting free trade
The idea that colonies exist for the benefit of the mother country
A system of barter between nations
The establishment of laissez-faire policies
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are tariffs, a tool frequently used during the 19th century to protect national industries?
Taxes on imported goods
Subsidies for local businesses
Regulations on labor practices
Quotas on domestic production
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a colony, a structure commonly established by European powers in Africa and Asia during the 19th century?
A sovereign state with its own government
A territory controlled and exploited by another country
An independent nation with a strong economy
A city-state governed by local leaders
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