Do We Actually Need Taxes?: What Are Taxes?
Interactive Video
•
Business, Social Studies
•
7th - 12th Grade
•
Hard
Wayground Content
FREE Resource
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the primary roles of taxes in society?
To increase personal wealth
To fund essential public services
To reduce government debt
To eliminate poverty
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens if a government does not collect enough taxes to cover its expenditures?
It prints more money
It takes on debt
It increases personal taxes
It reduces public services
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are taxes considered a necessary part of modern economies?
They ensure government accountability
They are a form of punishment
They prevent economic growth
They are the only way to fund public services
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common reason people pay their taxes?
To increase their credit score
To avoid legal penalties
To support government programs
To receive tax refunds
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do different economic schools of thought view taxation?
They believe taxes should be abolished
They think taxes should only fund military expenses
They have varying opinions on the amount and use of taxes
They all agree on high taxation
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