
Economic Concepts and Historical Impacts
Interactive Video
•
History, Social Studies, Business
•
9th - 12th Grade
•
Hard

Aiden Montgomery
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic system replaced mercantilism during the Industrial Revolution?
Feudalism
Socialism
Free Market Economics
Barter System
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who was a major critic of mercantilism and advocated for laissez-faire policies?
Karl Marx
Adam Smith
John Maynard Keynes
Milton Friedman
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economist argued for government intervention to address social issues caused by free market capitalism?
Thomas Malthus
Adam Smith
Jeremy Bentham
David Ricardo
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the Zollverein?
A German customs union
A British trade policy
An American economic plan
A French industrial strategy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which company was established to manage British imperial ventures in Asia?
East India Company
Standard Oil
Dutch East India Company
Hong Kong and Shanghai Banking Corporation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a key feature of limited liability corporations?
Mandatory profit sharing
Unlimited financial risk for owners
Government ownership
Protection of owners' financial investments
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did stock markets contribute to industrial capitalism?
By limiting corporate growth
By providing a platform to raise funds
By enforcing government regulations
By reducing trade barriers
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