Capitalism Answers

4 verified answers
3

Why do governments often regulate business in a capitalist society?

A
to prevent the overproduction of products
B
to guarantee the development of big business
C
to prevent environmental problems and disasters
D
to guarantee employment for every worker
4

Why did governments authorize the creation of joint-stock companies?

A
to stop shareholders from buying stocks
B
to allow their colonies to make money
C
to limit the possibility of risk from trade
D
to prevent a positive balance of trade
5

America’s abundance was not created by public sacrifices to “the common good,” but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes.

A
individuals and businesses want what benefits them the most.
B
society benefits when people want what is best for everyone.
C
individuals become wealthy because of actions by the government.
D
society benefits when individuals agree to sacrifice to help others.
6

Who owns most farms and factories in a capitalist economy?

A
private banks
B
private individuals
C
state governments
D
national governments
7

What was one advantage of the division of labor during the growth of industry?

A
Workers could do a variety of tasks and take on extra jobs.
B
Workers were able to specialize and perform specific tasks.
C
Workers began to rely on the government for employment.
D
Workers no longer had to depend on entrepreneurs for jobs.
8

The ultimate goal of mercantilism was to gain greater

A
influence on nearby nations.
B
power through wealth.
C
independence for individuals.
D
goods through trading.
9

How did banking change in Europe from the 1700s to the 1800s?

A
The number of private banks sharply increased.
B
The number of private banks sharply decreased.
C
The number of government banks sharply increased.
D
The number of government banks sharply decreased.

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