Socialism

Front

What is the definition of socialism?

Back

The idea that the means of production, distribution and exchange should be owned and regulated by the community as a whole.

Front

Socialism was an alternative to what movement?

Back

Capitalism

Front

What is the radical version of socialism?

Back

Communism

Front

Who are the bourgeoisie?

Back

Middle and upper classes

Front

Which is NOT a characteristic of Capitalism? Options: Market Economy, Supply and Demand, Freedom of Competition, Classless Society

Back

Classless Society

Front

In a "pure" communist society, who are the wealthiest and most powerful people?

Back

No One--every member of society is supposed to be equal

Front

In a Communist country, workers have no ________ to work harder.

Back

Incentive

Front

How does socialism differ from capitalism?

Back

In socialism, the government controls the means of production; whereas, capitalism focuses on the private owner.

Front

What does communism believe in?

Back

Economic equality through elimination of private property.

Front

Karl Marx's ideas inspired

Back

dictatorships