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