Question
1/The idea of socialism and communism can be appealing to many people for the following reasons except : Group of answer choices An alternative economic
1/The idea of socialism and communism can be appealing to many people for the following reasonsexcept:
Group of answer choices
An alternative economic system that is less risky than the free market system.
The collective effort is for the common good.
An economy is based on sharing.
An economy is based on self-interest.
2/ What are some explanations for the failure of socialism/communism?
Group of answer choices
There were no incentives to produce good products.
All answers are correct.
Supply and demand never met due to the work of bureaucrats.
Everyone was paid the same.
3/ Which of the following correctly explains how incentives work in Cuba?
Group of answer choices
In the market sector of the Cuban economy, doctors earn very high wages.
In the socialist sector of the Cuban economy, workers have an incentive to produce more and better quality products.
In the socialist sector of the Cuban economy, doctors earn very high wages.
In the market sector of the Cuban economy, workers have an incentive to produce more and better products.
4/ Which of the following best describes the quandary that Cuba faces?
Group of answer choices
Free markets create worse incentives and mostly help those who work in the free market sector.
The socialist system creates worse incentives but helps the party faithful.
The socialist system creates better incentives but is popular only among the older generations.
Free markets create better incentives but mostly help those who work in the free market sector.
5/ Which of the following best explains why Cuba has begun to allow some producers to sell their goods in free markets?
Group of answer choices
Free markets have helped Cuba hold on to their doctors and other professionals.
The fall of the Soviet Union stopped subsidies to Cuba.
A student revolution demanded free markets.
The Castro regime would like Cuba to be more like the United States.
7/ The case of Antonio Morales-Pita illustrates the problems facing Cuba because it shows:
Group of answer choices
How workers in the Cuban tourist sector are able to earn higher average salaries but are forced to endure long spells of unemployment.
How professionals like Morales-Pita consider it unfair that they earn less than low-skilled workers in the free market sector.
Specialization increases productivity.
How farmers like Morales-Pita are forced by poverty to sell their output in the free market sector even though they are committed to socialism.
8/ The Cuban school children repeat the propaganda of socialism for the following reasons:
Group of answer choices
All answers are correct.
We have the same clothing.
We are the same people.
We don't want changes.
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