capitalism
True or False. The business owner gets all of the profits.
True
True or False. China is the second largest communist countrie in Asia.
False(china is the largest.)
True or False. Public schools are only free for the poor.
False.(free for everyone)
What was the greatest invention in the industrial revolution.
The steam engine.
Does new Zealand have the same economic system as Australia. If not what economic system.(+600)
No. New Zealand is a socialist country.
Who has complete control over a business in capitalism.
The owner of a business
Who has complete control over a business in communism.
The government.
Who decides on what the business should do.
Mainly made by the government, but the workers/owners get to also make the decisions.
What invention changed how people made clothes.
The spinning Jenny
What was the machine during the industrial revolution that made high-quality steel faster.
The bessemer process
What country has the largest economy in capitalism.
United States
what continent has no communist countries.
Oceania/Australia
True or False. The government-run healthcare along with private doctors.
True
What were the three main innovations from the steam engine.(transportation)
boats, trains, and cars
What was the incident at the Triangle Shirtwaist. (New York City, March 25, 1911) (+800)
The Triangle Shirtwaist factory fire
True or False. People don't get to choose what they want to buy.
False
Do the people get to choice where to work and what to buy.
No/False
What is socialism.
Socialism is an economic and political system based on public or collective ownership of the means of production.(A mix of capitalism and communism.)
What impact did the "cableram" have.
The telegraph changed how people communicate.
What is largest capitalist city in asia in terms of wealth.(+900)
Singapore
Name the three main capitalist countries in Europe.
France, Italy, and Germany.
Name the three main communist countries in Africa.(+600)
Angola, Mozambique, and Ethiopia.
Name the three socialist countries in Europe.
Denmark, Portugal, Spain, Norway, Sweden, Finland, or Iceland.
What is the innovation from the "summons".
The phone.
What economic system does Brazil, Argentina, and Chile have. (+1000)
They have a mix of capitalism, socialism, and communism.