This ideology advocates institutions and traditional practices that have developed organically
Conservatism
Define Capitalism
An economic system has private ownership of the means of production
Under a Socialist system, there is ownership of the means of production and distribution of goods and services
Public
The difference between communism and communitarianism is that:
communism is a(n) (100 points), while communitarianism is a(n) (100 points)
-Form of Government
-Ideology
This contemporary ideology is most commonly associated with left-wing politics (50 Points); This contemporary ideology is most commonly associated with right-wing politics (50 Points)
-Liberalism
-Conservatism
This ideology is based on the importance of individual freedom and rejects older assumptions about government (divine right, monarchy, etc.)
Liberalism
This is what determines production, distribution, and price decisions in a capitalist system
The Market
In a socialist economy, determines production, distribution and price decisions
The government/state
3 characteristics of fascism:
-Seeks authoritarian nationalism
-Supports the right of the people to own property
-The opposite of Marxism
By contemporary terms, calls for more progressive government policy (100 points), while calls for government policy that favors traditional values
(100 points)
-Liberalism
-Conservative
These two values are emphasized by classical conservatism (150 points each)
-Stability
-Continuity
This author set the foundations for capitalism in his book The Wealth of Nations
Adam Smith
Under this democratic hybrid of capitalism and socialism, there is mostly private ownership but extensive government control
Social Democracy
This is political extreme is at the far left of the spectrum (200 points); This is political extreme is at the far right of the spectrum (200 points)
-Left: Communism
-Right: Fascism
By contemporary terms, this ideology seeks more government regulation of economy, and believes government should encourage economic equality
Liberalism
This ideology is considered to be the opposite of libertarianism, and it emphasizes the interests of the community as a whole
Communitarianism
Under this type of capitalist system, government has no regulation of the market and/or means of production; often referred to as "hands off" capitalism
Laissez-Faire
The term socialism and the principles that shape it were introduced by in his book .
(250 Points Eac)
-Karl Marx
-The Communist Manifesto
Name one country that is purely Communist (200 points) and one country that is purely laissez faire (200 points)
Trick question! No country has ever successfully operated under either extreme
By contemporary terms, this ideology advocates regulation fewer subsidies for , and more subsidies for .
-Individuals
-Businesses
Name 5 characteristics of Libertarianism (100 Points Each)
-Maximizing individual liberty
-Minimal role for the state
-Anti-taxation
-Socially Liberal
-Economically Conservative
Under this type of Capitalist system, government does have some limited regulation of the market and/or means of production
-Laissez faire
-Regulated
Name 5 traits of a "pure communist" society
(100 points each)
-Classless
-Stateless
-Oppression-free
-Allows for some democratic decision making
-Common ownership of property and the means of production
Give me any 5 terms that we have covered in class as well as their definitions (100 points each)
Good luck!