Age of Reform Answers

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What are the characteristics of capitalism? Select all that apply.The government sets prices and wages.Farms and factories are owned by private individuals.People are free to pursue their own self-interests.Supply and demand determine which goods, and how many, are produced.It is favored by philosopher Karl Marx.

A
The government sets prices and wages.
B
Farms and factories are owned by private individuals.
C
People are free to pursue their own self-interests.
D
Supply and demand determine which goods, and how many, are produced.
E
It is favored by philosopher Karl Marx.
2
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Use the drop-down menus to select the best word or phrase to complete each sentence.

A
everyone in a community
B
business owners
C
the leaders of government
5

What does the author argue is most responsible for America’s wealth?

A
the willingness of its citizens to help others in need
B
the sacrifices people have made to improve society
C
the achievements of individuals who have worked to create wealth for themselves
D
the creativity of inventors who have created new ways of doing things
6

What was the authors’ most likely purpose in writing this passage?

A
to inspire the workers of the world to join the communists
B
to describe the merits of communism over capitalism
C
to explain their justification for starting a revolution
D
to identify the problems associated with capitalism

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Age of Reform Answers — SS221 World…