Do You Know About History Of Capitalism? Trivia Quiz

10 Questions | Total Attempts: 120

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Do You Know About History Of Capitalism? Trivia Quiz

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 popular as more countries gain independence. Get tested on the history of capitalism in this quiz!


Questions and Answers
  • 1. 
    Which of these states  was the first to practice capitalism? 
    • A. 

      Milan 

    • B. 

      Munich 

    • C. 

      Florence 

    • D. 

      Washington 

  • 2. 
    Which of these countries was the first to adopt the capitalist economy? 
    • A. 

      Germany 

    • B. 

      Spain 

    • C. 

      Italy 

    • D. 

      France 

  • 3. 
    Which of these religions was the first to promulgate against capitalism? 
    • A. 

      Christianity 

    • B. 

      Taoism 

    • C. 

      Budhism 

    • D. 

      Islam 

  • 4. 
    Which of these mathematicians worked to ensure adoption of capitalism?
    • A. 

      Pythagoras 

    • B. 

      Erasthosnes 

    • C. 

      Achimedes 

    • D. 

      Fibonacci 

  • 5. 
    What century saw the adoption of agrarian capitalism gain popularity? 
    • A. 

      13th century 

    • B. 

      12th century 

    • C. 

      7th century 

    • D. 

      17th century 

  • 6. 
    What system did agrarian capitalism replace in the 16th century? 
    • A. 

      Memorial system 

    • B. 

      Manorial system 

    • C. 

      Unilateral system 

    • D. 

      Socialist system 

  • 7. 
    What system of government got weakened while agrarian capitalism became more popular in the 1500s? 
    • A. 

      Feudalism 

    • B. 

      Aristocracy 

    • C. 

      Autocracy 

    • D. 

      Democracy 

  • 8. 
    Which of these did not favour agrarian capitalism in the 16th century? 
    • A. 

      Physical infrastructure 

    • B. 

      Labour power 

    • C. 

      Government 

    • D. 

      Legal framework 

  • 9. 
    What form of capitalism prevailed in the 17th and 18th century?
    • A. 

      Manorialism 

    • B. 

      Agrarian capitalism 

    • C. 

      Mercantilism 

    • D. 

      Feudalism 

  • 10. 
    Who was the first economist to challenge mercantilism?
    • A. 

      Lord Robbins 

    • B. 

      David Hume

    • C. 

      Thomas Moore 

    • D. 

      Adam Smith 

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