Who helped Karl Marx write The Communist Manifesto?
In which economic system is everyone free to choose what they buy and sell?
Each of the following are tenets of communism EXCEPT —
Which economic system was created as a reaction to the unequal distribution of wealth in capitalism?
Adam Smith's book, Wealth of Nations, supported the idea of a —
Individuals who risk their wealth to produce a good or service in order to earn a profit are known as —
The Communist Manifesto was written by —
Karl Marx wrote two books, Das Capital and —
What is laissez-faire economics?
Which of the following ideas would have been promoted by Karl Marx?
Who believed that governments should NOT interfere with a free market economy?
• Described by Friedrich Engels • Redistributes wealth • Used by the Soviet Union
Which economic system is best described by this list? • Favored by Adam Smith • Includes entrepreneurs • Relies on competition for regulation
Wrote The Wealth of Nations • Favored capitalism • Opposed mercantilism
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
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