Adam Smith vs. Karl Marx

A system in which a country's industry is controlled by private owners, rather than by the state

• free market

• planned market

• planned state

• economic market

Scottish Professor who believed that the successful market economy is based on competition.

Adam Smith wrote a book called

• the blinde side

• the wealth of nation

• the bible

• selfmade millionaires

Workers or working class people, according to Marx, were called the

The goal of capitalism is for business owners to

• help the society

• gain better life standards for all people

• earn money and get wealthy

• be productive