Capitalism Quizzes, Questions & Answers
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In the capitalist economy, the private ownership of businesses is allowed. The business refers to the means of production needed to make optimum profit. An advantage of this is healthy competition between businesses to the...
Questions: 10 | Attempts: 798 | Last updated: Mar 21, 2023
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Sample QuestionWhat is the hallmark of capitalism?
Capitalism can be described as the economic system that allows private ownership of the means of production for the maximization of profit. This economic system was first practiced in the 16th century and from then became more...
Questions: 10 | Attempts: 194 | Last updated: Mar 14, 2023
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Sample QuestionWhich of these states was the first to practice capitalism?
As capitalism has its impact on economy and contribution into primary, secondary and tertiary production, it is subdivided into varieties in which each of them are having importance on a specific type of economy. Take this quiz...
Questions: 10 | Attempts: 201 | Last updated: Mar 15, 2023
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Sample QuestionWhich of these fields is related to Capitalism?
As the development in technology increases day by day, it affects all sectors of the system which includes the industrial part. Industrial capitalism is featured by its involvement in division of labor through the use of heavy...
Questions: 10 | Attempts: 236 | Last updated: Mar 20, 2023
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Sample QuestionWhich of these type of capitalism is known for heavy machinery?
Capitalism is a system of economics where the means of a country’s economy which includes the production, distribution and consumption of commodities are owned by private individuals. This means the economic system is...
Questions: 10 | Attempts: 216 | Last updated: Mar 20, 2023
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Sample QuestionWhat type of capitalism is used to describe an heavy reliance on civil servants?
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Capitalism is an economic system where private individuals control the means of production, distribution and consumption. Agrarian capitalism is therefore a capitalism system geared towards agricultural management. Agrarian...
Questions: 10 | Attempts: 150 | Last updated: Mar 19, 2023
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Sample QuestionWho first developed the theory of agrarian capitalism?
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