Socialism and Communism Answers

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Marx and Engels believed that a communist revolution would defeat capitalism and that the revolution would be led by

A
the bourgeoisie.
B
entrepreneurs.
C
factory owners.
D
the working class.
2
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In a socialist economy, what typically influences the prices of national goods and services in key industries?

A
the government of the country
B
the law of supply and demand
C
a committee of business leaders
D
a group of politicians from all parties
3

[BLANK]

A
communism
B
capitalism
C
socialism
D
anarchism
4

Which of these were problems in the Industrial Age? Choose four answers.

A
high poverty rates
B
the influence of unions
C
poor working conditions
D
crowded cities
E
growing inequality
F
overly generous welfare benefits
5

What was New Harmony, Indiana?

A
a successful factory town
B
a community of escaped enslaved persons
C
a model utopian community
D
a community for religious dissidents
6

Socialists believe that to improve the lives of the people, the government should

A
take control of the press.
B
ban all political parties.
C
take control of the economy.
D
emphasize private ownership.
7

Which statement is characteristic of a communist system? Choose four answers.

A
The government controls the means of production.
B
Prices and wages are set by supply and demand.
C
The government regulates a centrally planned economy.
D
Entrepreneurs are encouraged to take risks.
E
Prices and wages are set by the government.
F
Businesses are free to follow their own best interests.
G
A single authoritarian party holds complete power.
8

[BLANK]

A
capitalism
B
utopianism
C
communism
D
mysticism
9

Which statement most accurately describes The Communist Manifesto?

A
It was a description of the many benefits brought to modern life by industrialization.
B
It was a publication describing the upbringing and education of Karl Marx.
C
It was a description of the class struggle and the problems caused by capitalism.
D
It was a criticism that pointed out the cruelties of the communist system.
10

Read the description of an economic system in an imaginary country. The national government built all the transportation systems. The government determines where the train will go and how much each trip will cost. All people who work on the train system [mechanics, drivers, ticket sales, or cleaners] are employed and paid by the national government. All citizens of this country "share" ownership of the train system.

A
The people control the means of production.
B
The government makes the economic decisions.
C
The economy operates on prioritizing the individual.
D
The law of supply and demand controls the economy.

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