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💡 A3 - CAPITALISM: (SHOULD-DO)

Last updated about 4 years ago

12 questions

Question 1

00:31

Required

1

Question 2

00:44

1

Question 3

00:55

Required

1

Question 4

01:09

Required

1

Question 5

01:19

Required

1

Question 6

01:31

Required

1

Question 7

01:40

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1

Question 8

02:03

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1

Question 9

00:20

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1

Question 10

00:49

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1

Question 11

01:11

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1

Question 12

02:01

Required

1

Question 1

1.

Question 2

2.

Capitalism is an economic and social system where both the means of production and any associated trade are _______ owned.

Question 3

3.

List one other economic/social system that exists in our world.

Question 4

4.

Capitalism grew directly out of failed Middle Age __________.

Question 5

5.

Question 6

6.

Question 7

7.

Question 8

8.

Peasants/serfs led a __________ to protest the king's policies in the 1300s, which gave rise to modern-day capitalism.

Question 9

9.

Capitalism means there is _______ of the means of production.

Question 10

10.

Question 11

11.

Question 12

12.

Whether or not you believe that capitalism is the best economic and social system will probably depend on your _______ and _______.

Everyone around the world thinks that capitalism is a good thing. 

True

False

In feudalism, lords owned the land and serfs worked the land in return for protection from the lords.

True

False

It was easy to move between social classes (ex: from serf to lord) in feudalism.

True

False

Why was there no real reason to innovate or improve society under feudalism?

Only serfs had the ability to innovate but they had no political power.

Society was already close to perfect so there was no way to improve it.

Innovation was illegal under feudal governments.

There was no real competition or mobility so there were no rewards for innovation.

One of the most attractive parts of capitalism is that you get can get rewarded for doing better than your competition.

True

False

Critics of capitalism say that one of its biggest flaws is that it leads to inequality in society.

True

False