What Economy is Best For You?

A vibrant illustration depicting diverse economic systems, with elements like government support, individual entrepreneurship, and community well-being, set against a colorful urban backdrop.

Find Your Ideal Economy

Are you unsure about what economic system aligns best with your values and beliefs? Take our engaging quiz to discover which economy might be the right fit for you!

Answer questions about your views on basic needs, motivation, healthcare, and more.
Uncover insights into your economic preferences and beliefs.
Share your results and discuss with others!

13 Questions3 MinutesCreated by ThinkingTurtle237

How important is providing everyone basic needs?

Everyone should work hard to afford their basic needs. Those who can’t shouldn’t get them.

Basic needs should be covered by the government, but everything else should be worked for.

Everyone should be guaranteed a certain quality of life.

What is your opinion on fixing a lack of motivation in the workforce?

I think that to solve a lack of motivation people should be paid measuring by how hard they work. Failing to work hard will lead to poverty.

I believe that everyone should have a minimum pay to help prevent poverty. But to create motivation people will have to work harder to gain a better quality of life.

Everyone should be paid the same to prevent poverty altogether. People will be motivated because they have a job and are not homeless and poor.

You’re choosing a healthcare plan you would like...

I want nothing to be covered. With lower taxes I will be able to pay for it myself.

Only the important emergency and life saving procedures should be covered by the government, everything else can be paid for out of pocket.

Everything to be covered by the government. It may be higher in taxes but then no one will have to worry about being unable to pay for healthcare.

The banks have crashed because too many people withdrew too much money...

The problem will resolve itself because those people will spend that money on products.

The government should give the banks some help and put a limit on how much money can be withdrawn from one bank in a day.

If the government controlled how much money everyone gets, this would never have happened.

How important is competition in an economy?

Very, without competition there would be no motivation to innovate and improve products. It doesn’t matter if some products are incredibly low quality because it still adds to the variety.

Sometimes, competition is important to have in order to drive innovation. But a certain quality of goods should still be required.

Not at all, there should be equality not competition between companies. If options are limited no one can get anything better or worse than the standard.

When starting a business...

I want to create and run the business myself without any limitations.

I want some guidance on how to create and run the business but can do most if it myself.

I want clear rules and instructions on how to create and run the business.

Your business failed, you are now in a situation of debt...

It’s my own fault, I will work hard and bring myself up.

I want to have some financial support from the government.

I want to have lots of financial support from the government.

The government wants to raise taxes in exchange for more covered social programs, your opinion on this is...

No, social programs can be earned individually through through hard work. It is not worth raising taxes for everyone.

In moderation, we should have some social programs, but people should still work for their quality of life.

If the government covers all of my needs, I won’t have to have taxes at all.

How much do you value freedom in an economy?

Very much, it is one of the most important things to me. I want to have a variety of options and prices to choose from when purchasing items.

Some options should be given, but there should be regulations so that the economy is relatively stable.

Freedom is not that important, my needs can be provided for me and the government knows what is best.

How efficient should the economy be and in what ways?

Very efficient, it should produce and distribute goods and services quickly.

As efficient as possible, people should get what they both want and need.

As efficient as needed, it should give the people what they need not what they want

You are going to buy a house...

I shouldn’t have to put a down payment on the house it is my new home and I should be able to pay for it however I want.

I want some regulations on the banks so that I don’t overspend and can choose the house that works for me.

I want the government to choose my house because it is the same as everyone else's. Then I don’t have to worry about debt.

What precedence should innovation take?

Innovation should be one of the most important things because it will make consumers buy products and makes producers create and innovate even faster.

Innovation should be a major factor, but not one of the most important things because people need to make informed decisions.

Innovation is not important, the most important thing is that people get what they need.

What is your opinion on the collective good in an economy?

I am the most important and only I can make sure that I have a good quality of life.

I am important, but other people matter too.

Other people are the most important and I come second.

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