

 Question 1
1 out of 1 points
BritainÕ dominant power in the seas and its trading relations with its colonies
POSITIVE

 Question 2
1 out of 1 points
"Socialism causes the gap between rich & poor, the uneven distribution of wealth and
increasing isolation among the people especially the poor."
FALSE

 Question 3
1 out of 1 points
Common good refers to the sum total of all those conditions of social living whereby
men are enabled more fully.
TRUE

 Question 4
1 out of 1 points
Egalitarian Collaboration
SOCIALISM

 Question 5
0 out of 1 points
"Charles Dickens book, Òhard timesÓ imparts the message that money shouldn't
only be made morally but also should be spent morally on truly noble beautiful things
that human needs."
FALSE

 Question 6
0 out of 1 points
Dictatorship
SOCIALISM
 Question 7
0 out of 1 points
Popular Collectives
SOCIALISM
 Question 8
1 out of 1 points
Commodity
CAPITALISM
 Question 9
0 out of 1 points
John Calvin and his Protestant Virtues
POSITIVE
 Question 10
1 out of 1 points
"In as much as communism removes the incentive for people to work harder that
results to resentment of those who work hard over those who work less but receive
the same, it is truly great in theory but is disastrous in practice. "
TRUE
 Question 11
0 out of 1 points
"According to Karl Marx, capitalism is evil because it is abusive and think that its ok
to employ a child in a factory and for people to starve when the rich end their working
lives."
FALSE
 Question 12
1 out of 1 points
The nature of Authority does not imply that it is vital for the proper functioning of
society.
FALSE
 Question 13
0 out of 1 points
WAGEives meaning to Life
SOCIALISM
 Question 14
0 out of 1 points
Capital should be prioritized over Labor and that income should be concentrated in
the hands of the capitalist since they have the know-hows of the business and
industry.
FASLE
 Question 15
0 out of 1 points
Collective Interest & Effort
SOCIALISM
 Question 16
1 out of 1 points
One of the major flaws of Socialism is that they make a fortune by satisfying what are
not the essential needs of man.
FALSE
 Question 17
1 out of 1 points
1976 East Germany riot in January due to unavailability of coffee
POSITIVE
 Question 18
1 out of 1 points
Common Good refers to the social conditions that allow people to reach their full
human potential and to realize their human dignity.
TRUE
 Question 19
1 out of 1 points
Mass Production and Standardization
CAPITALISM
 Question 20
1 out of 1 points
"Karl Marx, in his work ÒCommunist ManifestoÓ implies that the struggle consists in
that capitalists want labor at the lowest possible price and the workers want to be
paid as right as possible."
FALSE
 Question 21
0 out of 1 points
Capitalist Economy
SOCAIL DEMOCRACY
 Question 22
1 out of 1 points
Economic dictators are those whose decisions have wide implications in the socio-
economic system which somehow cause imbalances of power.
TRUE
 Question 23
1 out of 1 points
State-run welfare system
SOCIAL DEMOCRACY
 Question 24
0 out of 1 points
Socialism implies that everyone must get as much as they need and work as much
as they can while Communism implies that all workers should get an equal share in
profit and property.
FALSE
 Question 25
1 out of 1 points
Indifference
CAPITALISM
 Question 26
0 out of 1 points
Luka Facioli - Summa Arithmetica
POSITIVE
 Question 27
0 out of 1 points
Industrial Revolution
POSITIVE
 Question 28
1 out of 1 points
Capitalism is good in providing man with lifeÕs little luxuries like the realization from
the incident in 1976 East Germany when there was a massive riot because of
unavailability of coffee.
TRUE
 Question 29
1 out of 1 points
Economic Liberalism
CAPITALISM
 Question 30
0 out of 1 points
Infallibility of Ruling Party
MARXISM
 Question 31
0 out of 1 points
DutchsÕ chronic problems feeding themselves
POSITIVE
 Question 32
1 out of 1 points
Entrepreneur
CAPITALISM
 Question 33
1 out of 1 points
"As suggested by Charles Dickens, everyone should ought to live peacefully in their
homes and run a business."
FALSE
 Question 34
0 out of 1 points
"Finland, Sweden, Norway, Denmark"
SOCIAL DEMOCRACY
 Question 35
1 out of 1 points
Thomistic approach of relational anthropology supported the rights of labor to form
unions and affirmed right to private property and just wage.
TRUE
 Question 36
0 out of 1 points
The Fresco about JesusÕ ire on the money lenders imparts the message that pursuit
of business is congruent with a good spiritual life.
FALSE
 Question 37
1 out of 1 points
John Ruskin - ÒUnto this LastÓ
NEGATIVE
 Question 38
1 out of 1 points
Materialism & Consumerism
CAPITALISM
 Question 39
1 out of 1 points
Classless Society
SOCIALIS
M
 Question 40
1 out of 1 points
Equal rights and opportunities
SOCIAL DEMOCRACY
 Question 41
1 out of 1 points
Improve quality of Life
SOCIAL DEMOCRACY
 Question 42
0 out of 1 points
Socialism imparts the idea that economy is run by markets and the idea that human
persons participating in markets is a rational actors.
FALSE
 Question 43
1 out of 1 points
Proletariat
SOCIALISM
 Question 44
1 out of 1 points
Risk and Innovation
CAPITALISM
 Question 45
0 out of 1 points
Fresco of Jesus and the money lenders
NEGATIVE
 Question 46
0 out of 1 points
Utopia
SOCIALISM
 Question 47
1 out of 1 points
Individualism
CAPITALISM
 Question 48
1 out of 1 points
"According to Paul Adam Smith, in socialism, each having his/her own assignment,
make it work like an invisible hand."
FALSE
 Question 49
1 out of 1 points
RERUM NOVARUM
CONDITIONS OF LABOR
 Question 50
1 out of 1 points
RERUM NOVARUM
RISE OF CAPITALISM
 Question 51
1 out of 1 points
1670 Dutch Republic
POSITIVE
 Question 52
1 out of 1 points
Profit
CAPITALISM
 Question 53
0 out of 1 points
"China, Russia, Cuba, Vietnam"
MARXISM
 Question 54
1 out of 1 points
"According to Charles Dickens, slavery is inefficient and that more money can be
made by treating the workers legally and humanely."
FALSE
 Question 55
1 out of 1 points
Market
CAPITALISM
 Question 56
0 out of 1 points
Socialism is also good by virtue of its capability of providing the people with basic
and essential goods manifested from the incident in 1989 at Edeka shop at Hamburg
where the East Germans were astonished by the contents of shops and grocery
store.
FALSE
 Question 57
1 out of 1 points
"Charles Dickens book, Òhard timesÓ is aimed at heartless capitalists who abuse
their workers and exploit children and nature as they are blinded by their capitalist
reasoning."
TRUE
 Question 58
0 out of 1 points
Social Democracy and Marxism & Leninism both strive for utopian socialist goals
though they employ different approaches that accounted for different results.
TRUE
 Question 59
1 out of 1 points
Everything can be bought
CAPITALISM
 Question 60
1 out of 1 points
Dictatorship
MARXISM
 Question 61
1 out of 1 points
17th century English Civil War
POSTIVE
 Question 62
0 out of 1 points
RERUM NOVARUM
MAGNA CARTA OF SOCIAL TEACHINGS

 Question 63
1 out of 1 points
Abolishment of Private Property
SOCIALISM
 Question 64
1 out of 1 points
Investment
CAPITALISM
 Question 65
1 out of 1 points
"As displayed from the incident in 1989 at Edeka shop at Hamburg where the East
Germans crossed the borders and marvel at the shops and grocery stores there,
they realized that they can no longer be satisfied with just philosophy, athletics,
sauerkraut, tv programs about farming."
TRUE
 Question 66
1 out of 1 points
"According to John Calvin, being good at business makes one more pleasing at the
sight of God than being an aristocratic warrior or a monk."
TRUE
 Question 67
0 out of 1 points
Greater productivity means lesser price for consumers.
TRUE
 Question 68
1 out of 1 points
Paul Adam SmithÕs inquiry into the nature and causes of the wealth of nations
POSITIVE
 Question 69
0 out of 1 points
Capitalism suppresses unrestricted exercise of individual goals and desires.
FALSE
 Question 70
1 out of 1 points
1999 Seattle USA = World Trade Organization
NEGATIVE
 Question 71
1 out of 1 points
"Structured by rights and duties, Society must be founded on the principle that every
human person has freedom and intelligence."
TRUE
 Question 72
1 out of 1 points
Egalitarian Collaboration
MARXISM
 Question 73
1 out of 1 points
Wealth & Ownership
CAPITALISM
 Question 74
1 out of 1 points
RERUM NOVARUM
EXTREMES OF CAPITALISM…..COLLECTIVISM
 Question 75
1 out of 1 points
Collectivism holds that society as a whole has more meaning or value than separate
individuals that make up the society.
TRUE
 Question 76
1 out of 1 points
"John Calvin emphasizes in his instructions the Catholic Virtues of self denial, hard
work, patience, honesty and duty."
FALSE
 Question 77
1 out of 1 points
Efficiency
CAPITALISM
 Question 78
0 out of 1 points
RERUM NOVARUM
INDUSTRIAL REVOLUTION
 Question 79
0 out of 1 points
CapitalismÕs downside consists in their insensitivity and indifference to the suffering
of workers.
TRUE
 Question 80
1 out of 1 points
1989 Edeka shop at Hamburg = Germans from the East have crossed the borders
POSITIVE
 Question 81
1 out of 1 points
RERUM NOVARUM
LEO
 Question 82
0 out of 1 points
Charles Dickens Ð ÒHard TimesÓ
NEGATIVE
 Question 83
0 out of 1 points
Competition in the market cannot guarantee high quality products and lower price.
FALSE
 Question 84
1 out of 1 points
"Human rights violations, modern slavery & Censorship"
MARXISM
 Question 85
0 out of 1 points
Collectivism
SOCIALISM
 Question 86
0 out of 1 points
"Even when it does not improve our condition and status in life, a wage is a just
wage, and moreover, a living wage."
FALSE
 Question 87
1 out of 1 points
Process of Enclosure
POSTIIVE
 Question 88
1 out of 1 points
Economic development doesnÕt need to have a corresponding social development.
FALSE
 Question 89
1 out of 1 points
"Government authorities should be reminded that their mandate comes from the
people, and they would have to responsibly carry out the common good."
TRUE
 Question 90
1 out of 1 points
"Luka FacioliÕs book on accounting ÒSumma Arithmetica Òimplies that dealing well
with money is a kind of science that can be learned through patience, reason and
hardwork."
TRUE