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P - Economic Systems (16 questions)

AB
____ and ____ competition fueled the Industrial Revolution.Capitalism market
Due to the Industrial Revolution, ____ increased the standard of living for some people.wealth
Social dislocations due to capitalism led to new economic ideas such as ____ and ____socialism communism
Who wrote Wealth of Nations?Adam Smith
Who is considered the father of capitalism?Adam Smith
Capitalism relies on market competition and the abilities of ____.entrepreneurs
Capitalism led to gowth of which social class?middle
Capitalism led to dissatisfaction with poor ____.working conditions
Capitalism led to the ____ distribution of wealth.unequal
Who wrote Communist Manifesto and Das Capital.Karl Marx
Who is considered the father of communism?Karl Marx
Communism was a response to the injustices of ____.capitalism
The ____ of wealth is important to communists.redistribution
In which economic system do individuals control the means of production and distribution of goods and services?capitalism
In which economic system does the government control the means of prodution and distribution of goods and services?communism
In which economic system does the government control part of the means of production and distribution while individuals control the rest?socialism


AP Human Geography Class Quia Page
Bayside High School
VA

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