Capitalism/Communism
The Economy is Driven by Free Enterprise
What is Capitalism
Brought about by social inequities of the Industrial revolution . .
What is Socialism.
Free Press
What is Capitalism
The U.S.S.R.
What is Communist.
Wrote the Communist manifesto
Who is Karl Marx.
Property is Privately Owned
What is Capitalism
The stage between Capitalism and Communism
What is Socialism.
System of Government is Totalitarianism
What is Communism
The United States
What is Capitalist.
Emphasis on the maximizing of profit.
What is Commercialism.
There is an uneven Distribution of Wealth
What is Capitalism
A political system in which the people have complete control over their lives and actions.
What is Democracy.
Upper Class, Middle Class and Working Class
What is Capitalism
Great Britain
What is Capitalist.
Karl Marx called them the working class/ lower class of society
Who is the Proletariat.
Means of production is Controlled by the State.
What is Communism.
The freedom for private businesses to operate for a profit without interference from the government.
What is Free Enterprise
Founder Karl Marx
What is Marxism/ Communism
Cuba
What is Communist.
Karl Marx called them the upper class
What is Bourgeoisie.
An economic system in which prices are determined by unrestricted competition between privately owned businesses.
What is Free Market.
An imagined place or state where everything is perfect
What is Utopia.
The government should interfere in the economy as little as possible. Laissez-faire – “Hands Off”
What is Capitalism
North Korea
What is Communist.
Governments should make sure that everyone's needs are being met and no one should have more than anyone else.
What is Communism