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baam
Lose 10 points!
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gold
Win 50 points!
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gift
Win 20 points!
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baam
Lose 25 points!
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15
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In which economic system do regular people and private businesses own most of the property and make the decisions?
Communism
A Command Economy
Capitalism (Free Market)
Socialism
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15
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What is a major problem that has happened in heavily controlled communist countries in the past?
People had too many choices of what to buy at the store
Everyone became a billionaire
Store shelves were often empty, and it was hard to get basic things
Businesses competed too much
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15
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Which of the following is an economic choice you get to make because you live in a free market?
Comparing prices to find the best deal on a new pair of sneakers
the government to tell you what your career will be when you grow up
Giving all your
Being forced to buy your clothes from only one state-owned store
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trap
No points!
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star
Double points!
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rocket
Go to first place!
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lifesaver
Give 5 points!
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15
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In a strict communist economy, who decides how many new video game consoles will be built this year?
The people who buy video games
The government
Private tech companies like Sony or Microsoft
The workers in the factory
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15
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If a government decides to take over all the businesses in the country, make everyone's salary exactly the equitable...
Free Market system
Communist system
Republic
Capitalist system
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15
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What is a big goal of socialism?
To make sure the rich get richer
To make sure no one is allowed to own anything
To let businesses do whatever they want with zero rule
making things fairer by giving everyone free healthcare or college
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15
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In class, we talked about "standard of living." What does that mean?
How many rules the government makes you follow
How comfortable your life is and how much stuff you are able to buy
The grades you get in middle school
How tall you are required to build your house
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15
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Why do capitalist countries usually have so many cool new inventions (like better smartphones every year)?
Because it is illegal to use old technology
Because taxes pay for all new phones
Businesses compete with each other to make the best products
The government forces scientists to invent them
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trap
No points!
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seesaw
Swap points!
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shark
Other team loses 15 points!
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baam
Lose 15 points!
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15
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What does "economic freedom" mean?
Getting all your groceries for free
The rule that you don't have to pay for video games
When the government gives you a free house
The freedom to choose your own job, start a business, and buy what you want
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15
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Which system gives people the HIGHEST amount of economic freedom?
A Command Economy
Socialism
Communism
Capitalism (The Free Market)
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15
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Which economic system gives the government the MOST control, ?
The Free Market
Communism
Capitalism
Socialism
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15
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In a capitalist system like the United States, what is the main reason someone works hard to start a new business?
To make a profit (earn money)
Because they want to pay more taxes
Because the president told them to
To make sure everyone else gets free stuff
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15
×
You start a lawn-mowing business. You buy the mower, find your customers, and keep all the money you earn. This is an e
Government control
Communism
A Command Economy
Capitalism (The Free Market)
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