ECONOMIC SYTEMS

Question 1

IN WHICH SYSTEM WASN&#x27;T THERE ANY PRIVATE PROPERTY AND SURPLUS VALUE GENERATED WOULD BE SHARED AND OWNED BY ALL CITIZENS?

Accepted Answer

COMMUNISM

Question 2

IN WHICH ECONOMIC SYSTEM WAS PRODUCTION MOSTLY AGRICULTURAL?

Accepted Answer

FEUDALISM

Question 3

In which economic system individuals are deprived of their right to freedom, and are forced into work?

Accepted Answer

SLAVERY

Question 4

WHICH ARE THE ECONOMIC SYSTEMS FOR ALLOCATING SCARCE RESOURCES

Accepted Answer

SLAVERY, FEUDALISM, CAPITALISM, COMMUNISM

Question 5

WHICH IS THE MOST VIOLENT ECONOMIC SYSTEM?

Accepted Answer

SLAVERY

Question 6

WHICH WAS THE SYSTEM OF ORGANIZING PRODUCTION BASED ON HEREDITARY RULE AND LAND OWNERSHIP?

Accepted Answer

FEUDALISM

Question 7

WHICH IS THE ECNOMIC SYSTEM OF PRODUCTION?

Accepted Answer

CAPITALISM

Question 8

_____ ALLOW OWNERSHIPS TO EMPLOY WORKERS TO TURN RAW MATERIALS INTO SOMETHING OF EXCHANGE VALUE THANT CAN BE SOLD?

Accepted Answer

CAPITALISM

Question 9

WHICH WAS A SYSTEM PREDOMINANTLY IN PLACE IN MEDIEVAL EUROPE?

Accepted Answer

FEUDALISM

Questions 9