Market economies & CapitalismOnline version Test your knowledge about market economies and capitalism with this quiz game! by sarah ayyad 1 Capitalism discourages competition and innovation. Yes No 2 Market economies result in excessive government intervention. Yes No 3 In a market economy, the government controls all economic activity. Yes No 4 Market economies are centrally planned. Yes No 5 Capitalism prioritizes the needs of the wealthy over the needs of the poor. Yes No 6 Capitalism is a system based on equal distribution of wealth. Yes No 7 Capitalism promotes economic instability. Yes No 8 Capitalism is an economic system based on private ownership and free markets. Yes No 9 Capitalism leads to economic stagnation. Yes No 10 Market economies rely on the principle of voluntary exchange. Yes No 11 In a market economy, prices are determined by supply and demand. Yes No 12 Market economies are characterized by high levels of regulation. Yes No 13 Capitalism has been criticized for creating income inequality. Yes No 14 Market economies allow for the efficient allocation of resources. Yes No 15 Capitalism encourages individuals to pursue their own self-interest. Yes No 16 In a market economy, prices are set by the government. Yes No 17 Market economies promote competition and innovation. Yes No 18 Capitalism promotes economic growth and development. Yes No 19 Capitalism allows for the accumulation of wealth. Yes No 20 In a market economy, businesses are motivated by profit. Yes No
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