Capitalism/Socialism and Scramble for Africa

Government control of industry.

• Capitalism
• Socialism

What is Capitalism?

• A system where the government controls business
• Capitalism is an economic system where the means of production are privately owned and operated for profit! 
• A economic system in which the people have limited rights
• An economic system in which most property and resources, such as factories or farms, are publicly owned or controlled.

______________get to make the economic decisions under capitalism.

• Individuals
• Government
• Literally no one
• The President 

The government has some control over the economy and provides basic services like health care and housing.

• Capitalism
• Socialism
• Communism

Capitalism promotes competition with other products and businesses.

• True

• False

Generally speaking, the more socialist a country is the higher the taxes will be.

• True

• False

A policy in which a strong nation seeks to dominate other countries politically, socially, and economically.

• Imperialism

• Communism

• Socialism

• expolitation

What is imperialism?

• When one country attacks another country
• A stronger country colonizes a weaker country
• Something Mr. Haddock keeps boring me with
• When a weaker country fights back against a stronger country

Which 2 countries got the most land in Africa?

• France and Italy

• Britain and France

• Italy and Spain

• Belgium and Germany

Why did European countries want to imperialize Africa?

• They wanted more raw materials and new people to sell too

• They were just mean

• They needed the land for their people

• Their military needed bases