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Question
- which u.s. political figure has identified as a democratic socialist?
a. joe biden
b. bernie sanders
c. donald trump
d. barack obama
- what is the main goal of modern socialists or social democrats?
a. to eliminate all government programs
b. to increase profits for private business
c. to narrow the gap between rich and poor
d. to promote complete government control of all industries
- what does the article say about real-world economic systems today?
a. all countries strictly follow one economic model
b. only capitalist economies are successful
c. most economies are blends of different systems
d. communism has completely replaced capitalism
- what is the relationship between the article’s first two paragraphs and its final paragraph?
a. both propose solutions to the problems many countries face regarding the distribution of and profit from factors of production.
b. both suggest that combining different factors from multiple economic systems is the best way for a nation to achieve balance.
c. the first two paragraphs suggest there are many questions that influence economic systems, and the final paragraph shows that some countries have combined systems in an attempt to find practical answers.
d. the first two paragraphs propose questions that need to be answered by any economic system, and the final paragraph shows how capitalism and communism have fully answered them in some nations.
- which answer choice best summarizes how socialism is affected by the ideas of capitalism and communism?
a. socialism uses the ideas of communism that put production in the hands of the people and narrow the wealth gap, while still allowing capitalist principles like private property and personal profit.
b. socialism was first envisioned by marx as the stepping stone to a perfect communist society, but was later corrupted by social democrats who used its ideas to overthrow capitalists suddenly and violently.
c. socialism focuses on capitalist ideas like free competition to assume that the most deserving person will earn the most money, and rejects the communist ideas that wealth can be more fairly distributed among workers.
d. socialism was created as a reaction to communism so that people could take their means of production back from the government, but later combined government production and capitalist ideas about health care and education
Question 11
Bernie Sanders has identified as a Democratic Socialist. Joe Biden, Donald Trump, and Barack Obama do not identify as Democratic Socialists.
Modern socialists/social democrats aim to reduce economic inequality, so narrowing the gap between rich and poor is their goal. Eliminating government programs (A) is opposite, increasing private business profits (B) is capitalist, and complete government control (D) is more like communism, not modern socialism.
In reality, most economies are mixed (blends of different systems) rather than strictly following one model (A). Success isn't limited to capitalist economies (B), and communism hasn't replaced capitalism (D).
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B. Bernie Sanders