Global Studies Test

Question 1

What is Imperialism?

Answer 1

A stronger country takes over a smaller one for resources, enabled by superior weaponry.

Question 2

What caused Imperialism?

Answer 2

A need for resources to fuel industrial production, driven by the Industrial Revolution.

Question 3

What were the main reasons for Imperialism?

Answer 3

A need for raw materials and new markets for goods produced.

Question 4

Who wrote ‘Wealth of Nations’?

Answer 4

Adam Smith.

Question 5

What is Capitalism?

Answer 5

An economic system run and controlled by private owners.

Question 6

What are two advantages of Capitalism?

Answer 6

New innovation and economic growth.

Question 7

What are two disadvantages of Capitalism?

Answer 7

Large wage gaps between genders and children working in unsafe conditions.

Question 8

What is Communism?

Answer 8

An idea where there are no classes and everything is owned by the community.

Question 9

Who derived the idea of Communism?

Answer 9

Karl Marx and Friedrich Engels.

Question 10

What are two advantages of Communism?

Answer 10

Less inequality and public control.

Question 11

What are two disadvantages of Communism?

Answer 11

No personal property and lack of individual creativity.

Question 12

What is Division of Labor?

Answer 12

Where each person is assigned a specific job in the chain of production.

Question 13

What is the Invisible Hand?

Answer 13

A theory explaining how capitalism works through competition and self-interest.

Question 14

What is the Proletariat?

Answer 14

The working class in capitalist society.

Question 15

What is the Bourgeoisie?

Answer 15

The middle class.

Question 16

What is the Communist Manifesto?

Answer 16

The original book on communism published by Karl Marx and Friedrich Engels.

Question 17

What does the Pyramid of Capitalist System cartoon represent?

Answer 17

In a capitalist system, the working class is most important, not the upper class.