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Which statement is characteristic of a communist system? Choose four correct answers.

A
Prices and wages are set by the government.
B
The government controls the means of production.
C
Prices and wages are set by supply and demand.
D
A single authoritarian party holds complete power.
E
Entrepreneurs are encouraged to take risks.
F
Businesses are free to follow their own best interests.
G
The government regulates a centrally planned economy.
2
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What was New Harmony, Indiana?

A
a successful factory town
B
a model utopian community
C
a community of escaped enslaved persons
D
a community for religious dissidents
4

What does the name “New Harmony” suggest about the goals of the community’s founder?

A
It suggests that the founder saw the community as a place of cooperation.
B
It suggests that the founder wanted people to compete for financial rewards.
C
It suggests that community members would be required to study music.
D
It suggests that people who lived in the community would not have to work.
5

In a socialist economy, what typically influences the prices of national goods and services in key industries?

A
the government of the country
B
the law of supply and demand
C
a group of politicians from all parties
D
a committee of business leaders
6

Which statement most accurately describes The Communist Manifesto ?

A
It was a publication describing the upbringing and education of Karl Marx.
B
It was a description of the many benefits brought to modern life by industrialization.
C
It was a description of the class struggle and the problems caused by capitalism.
D
It was a criticism that pointed out the cruelties of the communist system.
7

Which statement is characteristic of a communist system? Choose four correct answers.

A
Prices and wages are set by the government.
B
A single authoritarian party holds complete power.
C
The government controls the means of production.
D
Prices and wages are set by supply and demand.
E
Entrepreneurs are encouraged to take risks.
F
Businesses are free to follow their own best interests.
G
The government regulates a centrally planned economy.
8

Socialists believe that to improve the lives of the people, the government should

A
take control of the economy.
B
emphasize private ownership.
C
take control of the press.
D
ban all political parties.
9

Which best describes what happened to New Harmony?

A
The community was a success.
B
The community was a failure.
C
The community was destroyed by fire.
D
The community still exists.
10

Which best describes a social democracy also known as a socialist democracy?

A
the government controls the economy but allows free elections and other civil liberties
B
industry is privatized and military forces control the government
C
the government controls the economy and bans free elections and other civil liberties
D
most workers live in communes and share goods and property

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