Economic Systems

Economic Systems

Assessment

Assessment

Created by

Colby Phillips

History

9th - 12th Grade

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30 questions

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1.

Multiple Choice

20 sec

1 pt

The economic policy favored by industrial leaders

Capitalism

Socialism

Communism

2.

Multiple Choice

20 sec

1 pt

Command Economy - the government controls all economic activity

Capitalism

Socialism

Communism

3.

Multiple Choice

20 sec

1 pt

Ricardo, Malthus, Smith

Capitalism

Socialism

Communism

4.

Multiple Choice

20 sec

1 pt

The public as a whole control the means of production for the benefit of all people rather than individuals

Capitalism

Socialism

Communism

5.

Multiple Choice

20 sec

1 pt

Goal: To achieve material equality by promoting a more equal distribution of wealth

Capitalism

Socialism

Communism

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