stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Economic Systems and the Industrial Revolution Flashcards | StudBud
Explore
/
Economic Systems and the Industrial Revolution
Economic Systems and the Industrial Revolution
10 terms
·
StudBud Administration
·
203 plays
Review of economic systems
Flashcards
10 cards
F
Practice quiz
P
Host live
L
Questions
10
Answers
1
In the Industrial Revolution children worked how many hours?
5-8
5
They went to school
12-16
2
Which economic system is focused on equality amongst the masses
Humanism
Socialism
Communism
Capitalism
3
True or false: In communism, everyone earns the same amount no matter a doctor or teacher.
True
False
4
Which economic system is a blend of private liberty but communal equality?
Socialism
Capitalism
Communism
Humanism
5
Lassez - Faire means...
Government is in everything you do
People are free to be lazy
Everything is fair in business
Government does not interfere with the economy or business
6
In the Industrial Revolution many were paid low wages
True
False
7
In the Industrial Revolution only men worked
True
False
Maybe
8
What is the main motivator in capitalism?
Good health
Profit
Equality for people
Land
9
In the Industrial Revolution children lived in splendid conditions
False
True
10
Which economic system is focused on Private ownership of the individual?
Communism
Socialism
Humanism
Capitalism
