Socialism vs Capitalism

Socialism vs Capitalism

Socialism vs Capitalism

Often people use these terms (along with strong opinions associated with these economics systems), but do they really know what they are all about?

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​What do YOU know about Socialism vs Capitalism? 

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​Let's look at an overview of Socialism vs Capitalism on the next slide. (Student News Daily)

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Socialism vs Capitalism

Now that you have reviewed an overview of these two systems...

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Let's see what YOU know about Socialism vs Capitalism? 

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​Answer the questions that follow.

Multiple Choice

Government control of industry.

• Capitalism

• Socialism

Multiple Choice

No class system.

• Capitalism

• Socialism

Multiple Choice

Private ownership of industry.

• Capitalism

• Socialism

Multiple Choice

Equal distribution of wealth.

• Capitalism

• Socialism

Multiple Choice

No or limited government interference in industry.

• Capitalism

• Socialism

Multiple Choice

Government provides for the working class people.

• Capitalism

• Socialism

Multiple Choice

Wealth is distributed unevenly.

• Capitalism

• Socialism

Multiple Choice

This economic system is based on competition, profits, and self-interest.

• Capitalism

• Socialism

Multiple Choice

What is the definition of socialism?

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

• The idea that all free men over the age of 21 of good standing should have the right to vote.

• The idea that women should have equal political, social and economic rights as men.

• The idea that a country’s trade and industry should be controlled by private owners for profit, rather than by the state.

Multiple Choice

The United States practices

• pure capitalism

• pure socialism

• a mixed or blended economic system

Socialism vs Capitalism

Now that you have reviewed an overview of these two systems and quizzed yourself about what YOU know about Socialism vs Capitalism... 

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Let's see if you can now find the humor in the following political cartoons based upon your knowledge of Socialism vs Capitalism.​

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​Answer the questions that follow.

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Open Ended

What was the point the cartoonist was trying to make with this cartoon. Were you persuaded? Why or why not?

Open Ended

What do you think the cartoonist’s opinion on this issue is? What methods does the cartoonist use to persuade the audience?

Open Ended

What’s happening in this cartoon? What do you think the cartoonist’s opinion on this issue is?

Open Ended

What issue do you think this cartoon is about? What do you think the cartoonist’s opinion on this issue is?

Play the Kahoot! that follows on the next slide to find out how well you know Socialism vs Capitalism.

​Be sure to use your actual name when playing the Kahoot!

Be sure to record your score when done!

​Here is the Game Pin you will need to participate and compete against classmates:

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04464258

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Play Kahoot! - Enter game PIN here!

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Open Ended

What was your final score?

Open Ended

Overall, how did you do? Did you score better or worse than you expected?

Poll

This activity helped me to better understand the economics systems of Socialism vs. Capitalism.

• TRUE

• FALSE