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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
Friedrich Engels
B
Jean-Jacques Rousseau
C
Montesquieu
D
Adam Smith
2) In which economic system is everyone free to choose what they buy and sell?
A
capitalism
B
mercantilism
C
manorialism
D
communism
3) Each of the following are tenets of communism EXCEPT —
A
redistribution of wealth from rich to poor
B
governmental control over the economy
C
rise of the proletariat
D
laissez-faire economic policy
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
free market economy
B
communist take over of Farming
C
retarding of the entrepreneurial spirit
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
laissez-faire
C
socialists
D
entrepreneurs
7) The Communist Manifesto was written by —
A
Vladamir Lenin
B
Karl Marx
C
Adam Smith
D
Thomas Hobbes
8) Karl Marx wrote two books, Das Capital and —
A
Communist Manifesto
B
The Social Contract
C
The Wealth of Nations
D
The Spirit of Laws
9) What is laissez-faire economics?
A
Some industries should be owned by the government to help the workers
B
The economy should be controlled by the government
C
No government interference in the economy
D
The Bourgeoisie class should be taxed at a higher rate
10) Which of the following ideas would have been promoted by Karl Marx?
A
The economy should operate without government interference.
B
Entrepreneurs should be encouraged to start new businesses.
C
Wealth should be distributed equally among citizens.
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
Adolf Hitler
C
Vladimir Lenin
D
Karl Marx
12) • Described by Friedrich Engels • Redistributes wealth • Used by the Soviet Union
A
communism
B
manorialism
C
mercantilism
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
capitalism
C
communism
D
mercantilism
14) Wrote The Wealth of Nations • Favored capitalism • Opposed mercantilism
A
Marx
B
Smith
C
Engels
D
Colbwert
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
Capitalism
C
Mercantilism
D
Communism
*select an answer for all questions
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