Economic Systems and Quality of Life Quiz
3 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which economic system is characterized by private ownership of the means of production and the pursuit of profit?

  • Standard of Living
  • Socialism
  • Poverty cycle
  • Capitalism (correct)
  • What term refers to the total value of all goods and services produced in a country in a specific time period?

  • Global economy
  • Quality of Life
  • Gross Domestic Product (GDP) (correct)
  • Diversified economy
  • Which organization focuses on building and repairing homes for people in need, aiming to eliminate poverty housing?

  • Entrepreneur
  • Global economy
  • Habitat for humanity (correct)
  • Personal capital
  • Use Quizgecko on...
    Browser
    Browser