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Socialism, Communism, Capitalism Flashcards | StudBud
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Socialism, Communism, Capitalism
Socialism, Communism, Capitalism
22 terms
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StudBud Administration
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#Global 10 Quiz
Flashcards
22 cards
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Practice quiz
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Questions
22
Answers
1
Do both Socialism and Capitalism regulate taxes?
Mabye
No
Is this a trick question
Yes
2
What is capitalism
economic system-Private ownership and the use of the capital
Property owned by state and government
Private ownership that the capital owns
Equal ownership
3
The economic system based on private or corporate ownership of, production and distribution is
Socialism
Democracy
Capitalism
Communism
4
Which one matches Capitalism?
The development of an economic system
Take what you want when you want it
communism
Supply and Demand
5
Who is this
Thomas jefferson
James watt
Abraham Darby
Karl Marx
6
What form does socialism take?
illegal envelopes
legalized drugs
illegal buildings
legalized theft
7
what does capitalism believe in?
Money
Buildings
Choices
Freedom
8
What is socialism?
the belief that everyone is equal
People should control the land and resources
Equal opportunity
Believe in voluntary association
9
How does communism differ from socialism?
Ending private property
More government control
Property being owned by the government
Abolition of classes
10
The four factors of production are land, labor, capital, and entrepreneurship
False
True
11
Which is the Superior Social System?
Communism
Socialism
Capitalism
Chuck E. cheese
12
Who was not a capitalist?
Karl Marx
Thomas Edison
Adam Smith
George Eastmen
13
Does Socialism or Capitalism believe economic inequality is bad?
None of the above
Socialism
Capitalism
Communism
14
Who is this
Karl Marx
Adam Smith
Napoleon
Martin Luthur
15
When was the wealth of nations created?
March 9, 1775
March 9, 1776
March 9, 1777
March 9, 1779
16
who was the leading Communist philosopher of the 19th century?
Carl Marx
I give up
Marl Karx
Karl Marx
17
who was the wealth of nations created by?
Adam Smith
John Kay
Mr. conti
Jerry Evensky
18
Socialism want the major means of production in the hands of the people
True
False
19
What are the principals of socialism?
Bourgeoisie
clergy
Aristocrats
Working class
20
Which is more dehumanizing?
Ghost Busters
Capitalism
Socialism
Communism
21
There is a great amount and variety of consumer goods provided by the government
False
True
Mabye
22
Citizens are allowed freedom of speech, including criticizing the government
False
True
