Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
Who owns resources in a capitalist economy?
💡 Hint: Think about who has control of the businesses.
Question 2
Easy
Is profit motive present in a socialist economy?
💡 Hint: Consider what drives production in such economies.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
In a capitalist economy, who owns the means of production?
- Government
- Private individuals
- Both
💡 Hint: Think about which group holds the power.
Question 2
True or False: In a socialist economy, the government controls the economy.
- True
- False
💡 Hint: Think about who makes the decisions.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Discuss how the ownership of resources in a capitalist economy affects income inequality compared to a socialist economy. Provide specific examples.
💡 Hint: Think about how wealth is created and distributed in both systems.
Question 2
Evaluate the effectiveness of a mixed economy in achieving social welfare compared to a purely socialist or capitalist economy.
💡 Hint: Consider the benefits and drawbacks of combining systems.
Challenge and get performance evaluation