Which one matches with Socialism?

The Communist Manifesto, published in 1848, lays out the initial ideas that would inspire the rise of Socialism and Communism in the Soviet Union. Along with Friedrich Engels, WHO is well known for being the author of this book?

• Otto Von Bismarck

• Karl Marx

• Adam Smith

• Niccolo Machiavelli

Which of the following matches to the economic system of Socialism?

• Businesses are owned by individuals

• Businesses are owned by the government

Which of the following matches to the economic system of Socialism?

• Wealth is created by individuals and businesses that create products and services to offer in the economy

• Wealth is controlled and managed by the government with the purpose of controlling where wealth is created and who gets it

Which of the following matches to the economic system of Socialism?

• Wealth is measured by the overall value produced by businesses managed by the government

• Wealth is measured by the overall value produced by businesses privately run by people

Which of the following matches to the economic system of Socialism?

• The main incentive to work lies in helping produce for the overall economy so that everyone gets a little more

• The main incentive to work lies in the fact that for everything you create (or offer as a service) you personally profit more

Which of the following matches to the economic system of Socialism?

• Businesses are managed equally by the government with the goal of managing what is produced overall in the economy, intending to provide equally for the needs of all people

• Businesses compete with each other, often offering similar products and services, while attempting to innovate and efficiently price, so that they can "outsell" their competition

Which of the following matches to the economic system of Socialism?

• The only investment that exists is government investing into new businesses, ideas, and products

• Investment is done by individuals with the hopes of investing in successful new ideas and products, so that investors can profit

Which of the following matches to the economic system of Socialism?

• Wealth and value are taken and controlled by the government so that it can be equally distributed (given out) to everyone within the country or system (everyone is the same class)

• Wealth and value are created by individual businesses, so based on different levels of effort, success, efficient use of wealth, and life circumstances, some people end up richer over time, while others end up poorer

Which of the following matches to the economic system of Socialism?

• By individuals and businesses creating and profiting from their own ideas, they realize that in order to profit they need to make something people are willing to buy, thereby inevitably offering a product or service that fills a need in society

• By individuals and businesses creating what is directed by government management, the idea of improving technology and offering what people need lies solely on the hopes that government can efficiently adjust according to rising concerns and needs of the people

The United States is technically a mixed economy, with elements of both free market capitalism, and government socialist programs, but historically we have leaned more towards which type of economy?

• Capitalism

• Socialism