History

8th

grade

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Capitalism and Communism

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12 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    It is a social and economic system where both the means of production (land, equipment, raw materials, etc.) are privately owned.

    Capitalism

    Communism

    Socialism

    Feudalism

  • 2. Multiple Choice
    30 seconds
    1 pt

    In capitalism, the businessman raises some capital/money, which could be from either his own money, bank loans or the sale of shares.

    True

    False

  • 3. Multiple Choice
    30 seconds
    1 pt

    What are the strengths of capitalism?

    The government provides basic necessities

    It incentivizes hard work and innovation

    All profits go to businessmen

    It removes social classes

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