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Capital And Communism
Test Description: SOL 9b WHII
Instructions: Answer all questions to get your test result.
1) Who helped Karl Marx write The Communist Manifesto?
A
Adam Smith
B
Friedrich Engels
C
Jean-Jacques Rousseau
D
Montesquieu
2) In which economic system is everyone free to choose what they buy and sell?
A
manorialism
B
mercantilism
C
communism
D
capitalism
3) Each of the following are tenets of communism EXCEPT —
A
redistribution of wealth from rich to poor
B
rise of the proletariat
C
laissez-faire economic policy
D
governmental control over the economy
4) Which economic system was created as a reaction to the unequal distribution of wealth in capitalism?
A
Mercantilism
B
Manorialism
C
Free market system
D
Socialism
5) Adam Smith's book, Wealth of Nations, supported the idea of a —
A
retarding of the entrepreneurial spirit
B
communist take over of Farming
C
free market economy
D
State controlled industries
6) Individuals who risk their wealth to produce a good or service in order to earn a profit are known as —
A
labor unions
B
socialists
C
entrepreneurs
D
laissez-faire
7) The Communist Manifesto was written by —
A
Vladamir Lenin
B
Adam Smith
C
Karl Marx
D
Thomas Hobbes
8) Karl Marx wrote two books, Das Capital and —
A
The Spirit of Laws
B
The Wealth of Nations
C
The Social Contract
D
Communist Manifesto
9) What is laissez-faire economics?
A
No government interference in the economy
B
The economy should be controlled by the government
C
The Bourgeoisie class should be taxed at a higher rate
D
Some industries should be owned by the government to help the workers
10) Which of the following ideas would have been promoted by Karl Marx?
A
Entrepreneurs should be encouraged to start new businesses.
B
The economy should thrive because of competition among businesses.
C
Wealth should be distributed equally among citizens.
D
The economy should operate without government interference.
11) Who believed that governments should NOT interfere with a free market economy?
A
Vladimir Lenin
B
Adolf Hitler
C
Adam Smith
D
Karl Marx
12) • Described by Friedrich Engels • Redistributes wealth • Used by the Soviet Union
A
mercantilism
B
manorialism
C
communism
D
capitalism
13) Which economic system is best described by this list? • Favored by Adam Smith • Includes entrepreneurs • Relies on competition for regulation
A
positivism
B
communism
C
capitalism
D
mercantilism
14) Wrote The Wealth of Nations • Favored capitalism • Opposed mercantilism
A
Smith
B
Colbwert
C
Marx
D
Engels
15) Creates an unequal distribution of wealth • Increases the standard of living for the middle class • Described in The Wealth of Nations • Traditionally used in the United States
A
Positivism
B
Communism
C
Mercantilism
D
Capitalism
*select an answer for all questions
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