Economic Systems
Description: Economic Systems Quiz | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: economics economic systems capitalism socialism communism |
Which economic system is characterized by private ownership of the means of production and distribution of goods and services?
In a socialist economic system, who owns and controls the means of production and distribution of goods and services?
Which economic system is characterized by the absence of private property and the collective ownership of the means of production and distribution of goods and services?
Which economic system combines elements of both capitalism and socialism?
What is the primary goal of a capitalist economic system?
What is the primary goal of a socialist economic system?
What is the primary goal of a communist economic system?
Which economic system is most likely to experience economic inequality?
Which economic system is most likely to experience social equality?
Which economic system is most likely to experience environmental sustainability?
Which economic system is most common in the world today?
Which economic system is most likely to experience economic growth?
Which economic system is most likely to experience economic instability?
Which economic system is most likely to experience political instability?
Which economic system is most likely to experience social unrest?