Unit 5-7: The Economics of the Industrial Revolution

Unit 5-7: The Economics of the Industrial Revolution

9th Grade

10 Qs

quiz-placeholder

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Unit 5-7: The Economics of the Industrial Revolution

Unit 5-7: The Economics of the Industrial Revolution

Assessment

Quiz

Social Studies

9th Grade

Hard

Created by

Marie H

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic philosophy did Adam Smith advocate for?

Communism

Laissez-faire

Mercantilism

Socialism

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which concept is associated with the self-regulation of the market?

The Visible Hand

The Invisible Hand

The Iron Fist

The Golden Rule

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who critiqued British economic domination?

Adam Smith

Karl Marx

Jeremy Bentham

Friedrich List

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant outcome of industrial capitalism in Western nations?

Decrease in living standards

Emergence of a middle class

Decline in consumer goods

Reduction in economic growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following companies is an example of early globalization?

Microsoft

Apple

Hong Kong and Shanghai Banking Corporation

Tesla

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What innovation in finance allowed for greater risk-taking and investment?

Barter system

Gold standard

Cryptocurrency

Limited liability corporations

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did mechanized farming impact society?

Decreased food production

Improved nutrition and longer lifespans

Reduced food distribution

Increased manual labor

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