Cold War

Q. refers to an economic system in which the means of production are privately owned and distribution of income is based on a free-market economy.

1. Leninism
2. Capitalism
3. Socialism

Q.

Capitalism" Refers To

1. The Use Of Market

2. Government Ownership Of Capital

3. Private Ownership Of Capital Goods

4. Private Ownership Of Homes And Cars

Q. What is a communist society?

1. Society being driven by the needs of all the people.
2. Society being driven by the needs of priests.
3. Society being driven by the needs of kings.
4. Society being driven by the needs of states.

Q. Which country led the countries that supported capitalism?

1. USA
2. USSR
3. Germany
4. France

Q. Assertion [A]: The Cuban Missile Crisis occured in October 1962.

Reason [R]: Cuba was about to launch missiles on the USA.

Read the above given statements carefully and select the option that is true.

1. Both A and R are true and R is the correct explanation of A.
2. Both A and R are true and R is the incorrect explanation of A.
3. A is true but R is false.
4. Both A and R are false.

Q. Which of the following events led to the end of the cold war?

1. Disintegration of the Soviet Union
2. Cuban missile crisis
3. Creation of military organisations
4. Establishment of the United Nations

Q. What is a major characteristic of capitalist society?

1. Public ownership of banks
2. Private ownership of capital goods
3. Public ownership of capital goods
4. Public ownership of finances

Q. Which country led the countries that supported communism?

1. USA
2. Soviet Union
3. Italy
4. Britain

Q. Rising tensions between the USA and the USSR following World War II resulted in what?

1. Cold War
2. Russian War
3. Hundred Years' War
4. World War III

Q. In which year did the October Revolution take place that eventually led to Russia adopting communist principles?

1. 1947
2. 1937
3. 1927
4. 1917

Q. Which of the following statement(s) do you think might not be true about capitalism and communism?

1. Capitalism stands for society above individual.
2. Communism believes in abolishment of class and religion in the society.
3. Though the ideologies of both are different, they can go hand in hand.
4. In capitalism, the economy is completely controlled by the government.

Q. What led to World War II? Also explain the concept of the Cold War

Q. The Soviet Union and its allies that developed after WWII believed in capitalism and democracy.

1. True
2. False

Q. The Cold War was an ongoing political rivalry that developed between US and USSR and their respective allies that developed after WWI.

1. True
2. False