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1. Question
:

What are the standards by which people define what is
desirable or undesirable, good or bad, beautiful or ugly?

Globalization

Values

Social Contract

Economic Determinism

Question 2. Question
:

What is the term for a long-term and severe recession?

Depression

Recession

Economic Boom

Economic Bust

Question 3. Question
:

What is the term for collective ownership of the means of
production, distribution, and service?

Capitalism

Socialism

Conservatism

Libertarianism

Question 4. Question
:

What is the term for rapid economic growth?

Depression

Recession

Economic Boom

Economic Bust

Question 5. Question
:

What motivates producers to satisfy consumer demand and
produce goods and services in the most efficient way possible?

Gross Domestic Product

Economy

Capitalism

Profits

Question 6. Question
:

What is the growing interconnections among nations due to
the expansion of capitalism?

Globalization

Values

Social Contract

Economic Determinism

Question 7. Question
:

What is the term for the historical condition in which
capitalism became the globe’s dominant economic system?

Globalization of capitalism

Ideology

Inalienable rights

Limited government

Question 8. Question
:

What is the term for the ideology that advocates that
government should take a “hands-off” approach in most matters?

Capitalism

Modern Liberalism

Conservatism

Libertarianism

Question 9. Question
:

What is the idea that government arises from an implied
contract among people as a means of protecting their rights?

Globalization

Values

Social Contract

Economic Determinism

Question 10. Question
:

What is the term for the ideology that advocates that
government should take a “hands-off” approach in most matters?

Capitalism

Modern Liberalism

Conservatism

Libertarianism

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