Socialism vs Capitalism [An Inspector Calls]

A political and economic theory of social organisation.

• Capitalism

• Nationalism

• Socialism

• Communism

Socialism is often placed between...

• Communism and Nationalism

• Communism and Capitalism

• Capitalism and Nationalism

• Nationalism and Socialism

Pros of socialism

• It relies on people cooperating

• Workers are no longer exploited

• Profits are shared

• It eliminates poverty

Cons of Capitalism

• The economical cycle is of “booms and bursts”

• They don’t abide by environmental rules

• Prevents a bureaucratic government

• Allows the purchase of desired products

Pros of Capitalism

• Encourages product production

• Gives an efficient incentive

• Prevents a bureaucratic government

• Allows the purchase of desired products

Cons of Socialism

• Relies on cooperation

• Eliminates poverty

• Doesn’t account for competitive or uncooperative people

• Everyone works at what they are best at

When was the UK a Capitalist country

• 2020

• 1945

• 1912

• 1963

When did the Labour Party first win the election?

• 1945

• 1912

• 1963

• 1876

The NHS is an example of a...

• Nationalist society

• Communism society

• Capitalist society

• Socialist society

What does Capitalism mean?

• That a counties capital is the superior economy

• A political and economic theory of social organisation

• A political and economic system in which a country’s trade and industry are controlled

• Have a capital letter at the start of a sentence