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Economic Systems Flashcards | StudBud
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Economic Systems
Economic Systems
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Most Awesome Quiz of History ever! 🤯😎🤩
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
Some important facts of “Das Kapital” were: Labor theory of value, Capitalist exploitation and the Theory of alienation.
True
False
2
The most important book of John Maynard Keynes was “The General Theory of Employment, Interest and Money
False
True
3
What was the most important book of Adam Smith
The Wealth of Nations
Das Kapital
Harry Potter
Newton laws book
4
Karl Marx was called “The father of communism”
False
True
5
Adam Smith was called “The father of…”?
communism
Socialism
modern economies
old economies
6
What is 1 idea of Karl Marx?
Communism is bad
Capitalism is a very important thing to the world
thought that the capitalistic system would be the best thing ever
the criticism of of capitalism and its shortcomings
7
For what is Capitalism Characterized?
Capital degradation
Slavery and Poverty
Competitive Markets
🍺🍻
8
What is an important fact in his book?
Concept of Government
The concept of the invisible hand
Critique of wealth
Division of poverty
9
When did Adam Smith die?
1791
1790
1723
1803
10
When was John Maynard Keynes Born?
1882
1883
1993
1884
11
For what is Communism Characterized?
Rich, billionaire, and god
Common ownership of the means of productions with free access.
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12
What did John Maynard Keynes argued?
Ni-
Government intervention and fiscal policies are crucial for economy.”
Government intervention was innecessary
Boom Boom Boom 💥
13
What was the most important book of Karl Marx?
Das Kapital
Wage Labour and Capital
Encyclopedia
The Communist Manifesto
14
Did he believed that individuals should pursue their own economic interests?
True
False
15
Karl Marx liked Capitalism
False
True
