G10.Mod.21-L4 HW

A refusal to work

• strike

• collective bargaining

• picketing

• boycotting

To reform the working conditions, workers joined together in voluntary labor associations called

• unions

• associations

• collectives

Which of the following describes communism?

• Complete control of means of production

• private property to cease to exist

• all goods and services would be shared equally

• all of the above

This economic system grew out of an optimistic view of human nature, a belief in progress, and a concern for social justice

• Communism

• Socialism

• Capitalism

• Mercantilism

Karl Marx warned that Industrial Revolution society would be marked by

• More politicians serving the common good

• A wish for a return to feudal customs

• Conflict between the owners of the means of production and the working class

Under capitalism, who owns the factors of production?

• individuals

• the government

• Earth

• no one

Which other areas of society did the union labor movement influence?

• Education

• System of slavery

• Women's Rights

• All of the above

He argued there were three laws of economics.

• Jeremy Bentham

• Karl Marx

• Adam Smith

This is the economic policy of letting

owners of industry and business set working conditions without interference.

• Hands Off

• Capitalism

• Socialism

• Laissez Faire

This is the theory that states people should judge ideas, institutions, and actions on the basis of their util-

ity, or usefulness.

• Utilitarianism

• Socialism

• Capitalism

• Anarchy