Class Struggle + Russian Revolution

_______________ is an economic theory that argues wealth should be distributed evenly and property should be shared. This economic and social theory argues for a classless society.

In a totalitarian state, the government...

• allows private property

• takes complete control over every aspect of life

• is controlled by the common people

• does not have any power

Who is the "founder" of communism?

• John Adams

• Diaz Porfirio

• Karl Marx

• Toussaint Louverture

_________________ is an economic system in which private individuals or businesses own capital goods. Prices and production is determined by supply and demand.

What is the difference between public and private goods?

• Public is run by individuals or companies whereas private is run by the state or government, not individuals.

• The objective of public goods/services is to make a profit whereas the objective of private goods/services is to serve the citizens.

• Public goods include things like Amazon and Netflix whereas private goods include things like the army and postal service.

• Private is run by individuals or companies whereas public is run by the state or government, not individuals.

What happened in Great Britain in the early 1700s that led to the economy switching from agriculture to factories/manufacturing?

• The Enlightenment

• The Industrial Revolution

• The English Civil War

• WWII

The __________ class is those who worked in factories and were a majority of the population. They sold their labor to the factory owners and were generally poor.

• Proletariat

• Bourgeoisie

The _________ class were the factory owners who sold goods from the factories to make money. They were the minority and are generally rich, upper middle class.

• Proletariat

• Bourgeoisie

What is a command economy? Check all that apply.

• An economy in which most businesses are privately owned.

• An economy in which the government takes control of production and distribution of goods.

• An economy in which the wealthy have most of the power.

• An economy in which the prices of goods and services are set by the government.

Why did the Russian revolution happen?

• The wealthy elites wanted control of the government so they overthrew the president.

• Tsar Nicholas II was an ineffective ruler and the people were fed up after famine, bad working conditions and losses during WWI.

• The peasants were tired of farming and wanted more factories to open.

• Tsar Nicholas II was tired of democracy and took back his power as Emperor of Russia.