Socialism

1. What is one thing that most socialists believe in?

What are the two policies advocated (supported) by some socialists?

How did socialists feel about competition?

How did Adam Smith feel about competition?

Why did Robert Owens support cooperation?

How are capitalism and socialism different?

According to Document 1, what do the different levels of the pyramid probably symbolize? Explain.

Do you think the cartoonist supports or opposes capitalism? How do you know?

The developments shown in this cartoon (Document 2) were most clearly the result of which of the following?

• the success of labor unions

• the rise of industrial capitalism

• increased activities by social reformers

• the writings of Karl Marx

2. Which of the following most accurately describes the perspective of the cartoon?

• Communism is a dangerous idea that must be stopped.

• Labor Unions cannot replace Communist revolution.

• The Industrial Revolution has exploited workers.

• Social reforms threaten to stop the creation of wealth.