Socialism or Capitalism

This quiz is to help tell you if you lean more toward socialism as an economic theory or capitalism as an economic theory. The statements are designed to gain an insight into your actual beliefs.

This quiz does not care whether you think you are a socialist or a capitalist. It instead wants to know what you actually believe about the economy to make a determination as to which theory you agree with more.

Created by: Williams
  1. The economy should be based on "laissez faire" principles (Free Market)
  2. Corporations should have the same rights as a person.
  3. Lower taxes on the rich increase economic prosperity.
  4. Those with more money should have greater influence/power.
  5. A person's wealth has more to do with who their parents are than with their hard work.
  6. Labor unions are necessary to protect workers' rights.
  7. The government should ensure men and women are paid the same.
  8. Political donations are free speech.
  9. The means of production (factories, businesses and farmland) should be privately owned.
  10. Society should be divided into social classes.
  11. Someone gets wealthy through hard work.
  12. Progress results when a community cooperates for the good of all.
  13. All property should be publicly owned, making people equal.
  14. Everyone in society should be taken care of, regardless of their ability to take care of themselves.
  15. The government should not regulate business.
  16. Regulations are hurting the U. S. Economy.
  17. The rich should pay a higher percentage of their income in taxes.
  18. If there is a market for a product, business should be able to profit from it, regardless of what it is.
  19. The economy should be based on the principle of supply and demand.
  20. A person should be paid based on the work that they do.
  21. Government regulation helps protect the environment and citizens.
  22. Employers should have more power than employees in determining wages, pay and working conditions.
  23. There should be a minimum wage.
  24. Education, healthcare, roads, clean water, police and fire departments and hospitals should NOT be for private profit.
  25. A persons pay is a reflection of their value to the economy.
  26. Without regulation businesses will harm society.
  27. The wealthy should pay more in taxes than the poor.
  28. There should be competition between businesses.
  29. The minimum wage hurts the economy.
  30. In general U. S. Corporations are over regulated.
  31. Progress occurs when individuals follow their own self-interest.
  32. A job is a contract between two individuals, and the government has NO role in deciding factors like pay and work hours.
  33. Social Security should be removed from the government and invested in the stock market.

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