QUESTIONS AND ANSWERS 2026/2027
100% CORRECT
The goal of Puritanism was to ___________ the Church of England. - ANSWER>Purify
Which statement correctly represents a basic religious characteristic of the American colonial period? -
ANSWER>Although several of the colonies had "established" churches during the colonial period, by the time of
the Revolutionary War religious dissent was becoming an accepted part of colonial life.
What is the difference and/or relationship between Puritans and Pilgrims? - ANSWER>Puritans wanted to "purify"
the Church of England, but not necessarily separate from it, while Pilgrims sought separation from the Church of
England, which was illegal at the time.
In colonial America, religion was a major motivating factor in people's lives and significantly influenced the
development of political ideas. - ANSWER>True
John Winthrop's A Model of Christian Charity demonstrates the Puritan goal of what?
Creating a covenant people.
Standing as an example to the world of a Christian community.
A hopeful future in the New World. - ANSWER>All of the answers are correct
In British North America the colonists were, for the most part, influenced by which of the following religious
philosophies? - ANSWER>Protestantism
Which of the following is not among the reasons given for the development of the market system in the United
States? - ANSWER>The colonists' rejection of the economic attitude of self-interest.
Who is considered the "father" of modern capitalism? - ANSWER>Adam Smith
, Which of the following men stated that it is self-love or self-interest, a desire to make a profit, that drives the
market system. - ANSWER>Adam Smith
Based on "The Law of Consecration and Stewardship," all but one of the following are true. Choose the one that is
not true. - ANSWER>The concept of "having things in common" means that property should be communal so that
everyone owns everything together.
Which of the following is one of the strategies used to create big businesses in the late 1800s and early 1900s?
Economies of scale
Vertical combinations
New technology - ANSWER>All of the answers are correct
Which of the following is not among the basic motivations for a socialist economy? - ANSWER>To allow people to
work at their fullest potential and achieve their personal dreams.
What are the three major strategies employed to solve the problems of scarcity? - ANSWER>tradition, command,
market
Which statement is correct? - ANSWER>Demand and supply will adjust to eliminate surpluses and shortages, so
surpluses and shortages are temporary.
What is a significant weakness of a tradition based economy? - ANSWER>it has great difficulty dealing with change
What are entitlement programs? - ANSWER>Programs designed to foster economic justice.
According to Adam Smith, what drives the market? - ANSWER>"Self-love" or "self-interest"
What is economic virtue important? - ANSWER>A lack of economic virtue often requires government intervention
in the market and a decline in economic freedom.
NAFTA did which of the following? - ANSWER>Lowered trade barriers