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☀️ A4 - CAPITALISM: RETRIEVAL QUIZ (MUST-DO)

Posljednje ažuriranje about 4 years ago

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Obavezno

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Obavezno

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Obavezno

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Obavezno

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Obavezno

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Obavezno

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Obavezno

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Pitanje 1

1.

The modern U.S. economy is based on a system known as .

Pitanje 2

2.

Capitalism is primarily which type of system?

Cultural

Social

Economic

Political

Pitanje 3

3.

What is the ultimate goal of business owners in a capitalist system?

Pitanje 4

4.

Who owns and controls businesses in capitalism?

Government

Individual people

Pitanje 5

5.

Check off all of the following that are considered characteristics of capitalism.

Private control of businesses

Motivation is to make a profit

Voluntary exchange of goods and services

Government ownership of businesses

Motivation is to ensure economic equality

Private ownership of businesses

Competition between businesses

Prices determined by the government

Private ownership of property

Prices determined by supply and demand

Government control of businesses

Pitanje 6

6.

One advantage of capitalism is .

Pitanje 7

7.

One disadvantage of capitalism is .

Pitanje 8

8.

List two roles that currently apply to you in our economy and explain how these roles apply to you.

Pitanje 9

9.

List three roles that could potentially apply to you in our future economy and explain how these roles apply to you.