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