Capitalism Answers

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A market that is driven by supply and demand is controlled by

A
lawmakers and producers.
B
producers and consumers.
C
lawmakers and consumers.
D
state and national governments.
3
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How did banking change in Europe from the 1700s to the 1800s?

A
The number of private banks sharply increased.
B
The number of private banks sharply decreased.
C
The number of government banks sharply increased.
D
The number of government banks sharply decreased.
4

Why did governments authorize the creation of joint-stock companies?

A
to stop shareholders from buying stocks
B
to allow their colonies to make money
C
to limit the possibility of risk from trade
D
to prevent a positive balance of trade
5

In order to accumulate wealth, a country should work to

A
export more goods than it imports.
B
send gold and silver to its colonies.
C
sell inexpensive goods at high prices.
D
ship raw materials to its colonies.
6

In a laissez-faire economy, the government plays a

A
limited role.
B
indefinite role.
C
dominant role.
D
dependent role.
7

[BLANK]

A
limit
B
increase
C
end
8

America’s abundance was not created by public sacrifices to “the common good,” but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes.

A
individuals and businesses want what benefits them the most.
B
society benefits when people want what is best for everyone.
C
individuals become wealthy because of actions by the government.
D
society benefits when individuals agree to sacrifice to help others.
9

Who owns most farms and factories in a capitalist economy?

A
private banks
B
private individuals
C
state governments
D
national governments
10

Which was a main benefit of industrialization?

A
Governments funded more investments in business.
B
Business owners hired the most competent workers.
C
Workers took on varied tasks and performed diverse roles.
D
The number of private banks in Europe began to decrease.

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