AnswersNY-Global History and Geography IIEffects of Industrialization

Capitalism Answers

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200✔ 400500

Answers:
By 1800, there were approximately private banks in England and Wales.:400
The number of private banks in England and Wales grew by 600% between 1780 and .:1810
3

In a free market, determine(s) the price of goods.

A
government entities
B
supply and demand
4

Use the drop-down menus to complete each statement about different aspects of capitalism.

Answers:
Laissez-fare capitalism means that the government its involvement in the economy:limits
In a capitalist system, own most factories and businesses.:private individuals
In a free market, determine(s) the price of goods.:supply and demand
5

✔ AngelinaX Jayden Auto Repairthe state and local governments

Answers:
Who owns the means of production in this scenario?:Angelina
In this scenario, Angelina’s competition is .:Jayden Auto Repair
Before Reliable Auto Repair can open its doors, it must meet the regulations created by .:the state and local governments
6

In a capitalist system, own most factories and businesses.

A
government entities
B
private individuals
7

Reliable Auto Repair✔ Jayden Auto RepairX the state and local governments

A
Reliable Auto Repair
B
✔ Jayden Auto Repair
C
X the state and local governments
8

AngelinaX Jayden’s Auto Repair✔ the state and local governments

A
Angelina
B
X Jayden’s Auto Repair
C
✔ the state and local governments
9

What did countries do to increase their power under mercantilism? Check all that apply.maintain a positive balance of overseas tradeuse colonies to access raw materialstrade to acquire goods rather than silver and goldissue charters for joint-stock companiessend raw materials to colonies

A
maintain a positive balance of overseas trade
B
use colonies to access raw materials
C
trade to acquire goods rather than silver and gold
D
issue charters for joint-stock companies
E
send raw materials to colonies
10

Question text not available

Answers:
By 1800, there were approximately private banks in England and Wales.:400
The number of private banks in England and Wales grew by 600% between 1780 and .:1810
11

What does government regulation of business achieve in a capitalist system?

A
It increases profits for businesses.
B
It determines supply and demand.
C
It protects workers and consumers.
D
It determines the means of production.
12

Which summary is the best fit for this passage?

A
America is wealthy because citizens help others in need.
B
America is wealthy due to the sacrifices people have made to improve society.
C
America is wealthy because people are free to pursue their self-interests.
D
America is wealthy thanks to the actions taken by the government.

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