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Economy Essentials Quiz

Froggy Jumps

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Test your understanding of capitalism, socialism, and communism.

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Economy Essentials Quiz
 

Froggy Jumps

Economy Essentials QuizOnline version

Test your understanding of capitalism, socialism, and communism.

by Rutanshi
1

What is wealth distributed unevenly called?

2

What is an advantage of socialism?

3

What is an advantage of communism?

4

What is an advantage of capitalism?

5

During Rock, Paper, Scissors with high taxes for everyone, this was an example of ______.

6

During Rock, Paper, Scissors with freedom to win money and keep it, this was an example of ______.

7

Which system aims to minimize private ownership and share resources?

8

In a market with little government control, this describes which system?

9

Which system uses government programs to spread wealth more evenly?

10

Which concept means owners decide what to produce and how much to charge?

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