Test Your Knowledge About Types Of Capitalism! Quiz
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 managed by private individuals. How well do you know the concept of capitalism and its types. Try our quiz to find out.
- 1.
What type of capitalism is used to describe an heavy reliance on civil servants?- A.
Democratic Capitalism
- B.
Crony Capitalism
- C.
Finance Capitalism
- D.
Laissez-faire Capitalism
- 2.
What type of Capitalism is based on a democratic polity?
- A.
Democratic Capitalism
- B.
Crony Capitalism
- C.
Finance Capitalism
- D.
Laissez-faire Capitalism
- 3.
Which of these capitalism types is used to describe a pursuit of profit?
- A.
Democratic Capitalism
- B.
Crony Capitalism
- C.
Finance Capitalism
- D.
Laissez-faire Capitalism
- 4.
When an economy operates without any form of rules, such capitalism type is known as?
- A.
Democratic Capitalism
- B.
Crony Capitalism
- C.
Finance Capitalism
- D.
Laissez-faire Capitalism
- 5.
Which of these is the earliest form of capitalism?
- A.
Mercantilism
- B.
Social Market economy
- C.
State Capitalism
- D.
Free Market Capitalism
- 6.
When a government still provides necessary social services, what form of capitalism is practised?
- A.
Mercantilism
- B.
Social Market economy
- C.
State Capitalism
- D.
Free Market Capitalism
- 7.
What is the capitalism type where a government still controls the economy?
- A.
Mercantilism
- B.
Social Market economy
- C.
State Capitalism
- D.
Free Market Capitalism
- 8.
What form of capitalism mixes with imperialism?
- A.
Mercantilism
- B.
Social Market economy
- C.
State Capitalism
- D.
State Capitalism Free Market Capitalism
- 9.
What type of capitalism is depicted in a reliance on authority?
- A.
Free market
- B.
Crony Capitalism
- C.
Entertainment Capitalism
- D.
Finance Capitalism
- 10.
Which of these countries do not practice capitalism?
- A.
UAE
- B.
UK
- C.
Ireland
- D.
China
Questions: 10 | Attempts: 425 | Last updated: Mar 21, 2022
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