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WH - How We Rule - Governments and Economics Flashcards | StudBud
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WH - How We Rule - Governments and Economics
WH - How We Rule - Governments and Economics
15 terms
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StudBud Administration
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Vocabulary for world history
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
Which economic philosophy is almost always connected to Command Economies?
Capitalism
Communalism
Communism
Collectivization
2
system where means ofproduction are controlled by the government or other central authority
Market Economy
Nazism
Command Economy
Fascism
3
system in which all propertyand means of production be controlled by the community as a whole,
Command Economy
Capitalism
Autocracy
Communism
4
the seemingly unlimited wants of human beings, but also thelimited nature of resources
Market Economy
Capitalism
Scarcity
Communism
5
economic system in which means of production are privately owned; decisions made by individuals
Capitalism
Fascism
Communism
Marxism
6
What is another word for a Market Economy?
Capitalism
Free Market
Socialism
Communism
7
Which type of government usually works with command economies?
Democracy
Republic
Dictatorship
Autocracy
8
Which economic system would attempt farm collectivization?
Free Market
Fascism
Communism
Capitalism
9
Which system incorporates characteristics of both command and market economies?
Fascism
Mixed Economies
Communism
Capitalism
10
What is the biggest emphasis of communism?
Freedom
Wealth
Capital
Equality
11
system where prices and production are set by the government
Communism
Market Economy
Command Economy
Free Market
12
What is another word for a Command Economy?
Free Market
Communism
Planned Economy
Fascism
13
Random Trivia: Apart from Lincoln and Kennedy, which US presidents were assassinated?
Reagan and Wilson
Adams and Reagan
Harrison and McKinley
Garfield and McKinley
14
What is the biggest emphases of a free market or capitalist economy?
Freedom
Equality
Individualism
Wealth
15
Which of these best describes the United States' economic system?
Mixed Economy
Command Economy
Capitalist Economy
Socialist Economy