Sheraton Heliopolis Language School American Division First Quarter Exam English Social Studies Grade 11 Question 1 : Compare between Capitalism and Socialism ( 5 marks) Capitalism Socialism Question 2 : Choose the correct answer (5 marks) 1- ------------------------------a form of complete socialism in which the means of production would be owned by people a- Early socialism b- Communism c- Capitalism d- Mix economy 2- The state of refusing work is called ------------------------a- Strike b- Demonstrate c- Abandon d- Termination 3- All of the following are the natural laws of economics introduced by Adam smith except a- Law of elasticity b- Law of supply and demand c- Law of competition d- Law of self interest 4- An economic system in which the factors of production are privately owned is called a- Socialism b- Marxism c- Capitalism d- Communism 5- People who judge ideas , institutions and actions on the basis of their usefulness is called a- Pragmatic b- theocratic c- autocratic d- utalitarianism 1|Page Question 3 : Mention what do you know about the following (5 marks) 1- Industrial revolution ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------2- Stock ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------3- Adam smith ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------4- Karl marx ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------5- Union ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Question 4 : Complete (5 marks) 1- The natural resources of industrialization include ---------------, -----------------, ------------- and ---------------2- Tull Solved the agricultural problem by using an invention called --------------------3- City building and the movement of people to cities is called --------------------------4- ------------------------ is a business owned by stockholders who share in its profits but are not personally responsible for its debts 5- ----------------------- is an economic policy of letting owners of industry and business set working conditions without interference 2|Page Question 5 Answer the following Questions 1- What kind of society did early socialists want (2.5 marks) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------2- what are the four factors that contributed to industrialization in Britain (2.5 marks) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------3- what are the positive effects of the industrial revolution (2.5 marks)? ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------4- what is the impact of industrialization (2.5 marks)? ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Good Luck 3|Page