What is the primary focus of the class discussed in the video?

Understanding Capitalism

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Social Studies, Business
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9th - 12th Grade
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Medium

Emma Peterson
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Capitalism
Communism
Socialism
Feudalism
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a capitalist system, who makes the economic decisions?
The government
Private businesses and consumers
International organizations
A central authority
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the government in true capitalism?
To regulate the economy
To control supply and demand
To have zero economic influence
To provide financial support
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term 'laissez-faire' imply in the context of capitalism?
Government hands-off
Government regulation
Government intervention
Government control
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who coined the term 'laissez-faire'?
John Maynard Keynes
Karl Marx
Milton Friedman
Adam Smith
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does supply and demand play in capitalism?
It dictates government policies
It determines economic outcomes
It is irrelevant
It is controlled by a central authority
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does capitalism theoretically address social issues?
Through government policies
By relying on supply and demand
By establishing a central authority
Through international agreements
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