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  • QUESTIONS: Capitalism: in A Capitalist System, Businesses Are Owned and Managed by

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    The document is a quiz about key concepts in capitalism. It asks questions about who owns and manages businesses in a capitalist system, the opposite of capitalism, the concept capitalism is based on, what a monopoly gives a company over a business, and the characteristics of a mixed economy.

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    The document is a quiz about key concepts in capitalism. It asks questions about who owns and manages businesses in a capitalist system, the opposite of capitalism, the concept capitalism is based on, what a monopoly gives a company over a business, and the characteristics of a mixed economy.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    18 views1 page

    QUESTIONS: Capitalism: in A Capitalist System, Businesses Are Owned and Managed by

    Uploaded by

    youmna tohamy
    The document is a quiz about key concepts in capitalism. It asks questions about who owns and manages businesses in a capitalist system, the opposite of capitalism, the concept capitalism is based on, what a monopoly gives a company over a business, and the characteristics of a mixed economy.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Name Capitalism

    QUESTIONS: Capitalism
    Circle the correct answer.

    1. In a capitalist system, businesses are owned and managed by:


    A. the government
    B. the people
    C. the market
    D. Adam Smith

    2. What is the opposite of capitalism ?


    A. the free market system
    B. a mixed economy
    C. a command economy
    D. supply and demand

    3. Capitalism is based on the concept of :


    A. supply and demand
    B. the free market
    C. the command economy
    D. laws against monopolies

    4. A company with a monopoly has over a particular business.


    A. no control
    B. government control
    C. exclusive control
    D. supply and demand

    5. In a mixed economy:
    A. private businesses set their own prices
    B. private bus inesses determine what products will be sold
    C. the government plays a role by making and enforcing laws
    D. all of the above

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