The Market Economy in 17th Century Europe


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question 1 of 3

Which of the following is an economic philosophy in which a country seeks to amass as much raw wealth as possible, usually through trading, monopolizing resources, and strict regulation?

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1. Which means 'hands off' or 'leave it alone?'

2. Which was a medieval system of social structuring tied to land-holdings?

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About This Quiz & Worksheet

The following quiz and worksheet combo will allow you to check your knowledge of Europe and its 17th-century market economy. You will be tested on topics such as the Protestant Reformation and a medieval social structuring system.

Quiz & Worksheet Goals

During the assessments, you will be tested on:

  • Social structuring tied to land-holdings
  • Year the Protestant Reformation began
  • A term that means hands off or leave it alone

Skills Practiced

  • Information recall - access the knowledge you've gained regarding Europe's market economy
  • Knowledge application - use your knowledge to answer questions about the Protestant Reformation
  • Critical thinking - apply relevant concepts to examine information about economic philosophies associated with countries that seek raw wealth in a different light

Additional Learning

To learn more about these topics, take a look at the lesson called The Market Economy in 17th Century Europe. This lesson covers the following objectives:

  • Details capitalism
  • Explains the American Dream
  • Covers the Protestant Reformation
  • Discusses how technological advances helped to spread free market economics