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5 Written questions

5 Matching questions

  1. collectivization
  2. socialism
  3. free trade
  4. commune
  5. mixed economy
  1. a an economy in which the government is involved in setting economic and social policies
  2. b trade without barriers
  3. c an economic system in which the government owns the basic means of production and decides how resources should be used
  4. d the process of taking over privately owned property
  5. e a combination of small farms that have been taken over by the government

5 Multiple choice questions

  1. the practical application of science to commerce or industry
  2. a system that sets aside a certain number of jobs or admission openings for ethnic groups and women
  3. a government payment to the producer of a good or service
  4. a person who is organizes the other factors of production in order to produce goods and services and who risks his or her capital to run and own and run a business
  5. the government that acts for all the states within the country

5 True/False questions

  1. developing nationthe process of taking over privately owned property

          

  2. nationalizationthe growth of industries such as manufacturing

          

  3. capitalmeans of production

          

  4. private enterprisea block in international trade put in my place by the government

          

  5. industrializationa characteristic of socialism in which the central government takes over certain industries , such as transportation and steel

          

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