1) Which of the following is a key characteristic of capitalism? a) Government controls all production b) Private ownership of the means of production c) No competition exists d) Prices are fixed by the state 2) What primarily drives economic decisions in a capitalist system? a) Political interests b) Profit motive c) Military power d) Cultural traditions 3) What was the main objective of Taylorism? a) Increase workers’ creativity b) Reduce working hours c) Improve efficiency through scientific management d) Promote workplace democracy 4) According to Taylorism, work should be: a) performed randomly b) divided into simple, specialized tasks c) done collectively without supervision d) based on workers’ personal preferences 5) Which innovation is MOST associated with Fordism? a) Decentralized production b) Gig economy jobs c) Assembly-line mass production d) Flexible work schedules 6) Fordism promoted higher wages (the “Five Dollar Day”) mainly to: a) reduce competition b) motivate workers to buy what they produced c) decrease productivity d) increase taxes 7) Which of the following is a characteristic of Post-Fordism? a) Rigid production lines b) Mass, standardized production c) Flexible specialization and just-in-time production d) Workers staying in the same job for life 8) Global capitalism is marked by: a) Isolation of national markets b) Reduced trade between countries c) International supply chains and transnational corporations d) Elimination of technology from production 9) Which factor MOST influenced the location of early Fordist factories? a) Availability of skilled artisans b) Access to cheap labor and transportation routes c) Proximity to tourist attractions d) Cultural diversity 10) Taylorism and Fordism both aimed to: a) Remove technology from production b) Humanize factory labor c) Increase productivity through standardization d) Allow workers total autonomy

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