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Rise of Capitalism and Reactions to Capitalism (unit 5) "1750-1900"

Authored by Thomas Green

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Rise of Capitalism and Reactions to Capitalism (unit 5) "1750-1900"
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7 questions

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1.

OPEN ENDED QUESTION

30 sec • 1 pt

Who created capitalism?

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Answer explanation

Adam Smith

2.

OPEN ENDED QUESTION

30 sec • 1 pt

What is capitalism?

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Answer explanation

-government is not involved in the economy -free market economy, private individuals control the economy

3.

OPEN ENDED QUESTION

30 sec • 1 pt

Who created Classical Liberalism?

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Answer explanation

John Stuart Mill

4.

OPEN ENDED QUESTION

30 sec • 1 pt

What is Classical Liberalism?

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Answer explanation

-based on democracy -rule of law(nobody above law) -civil liberties

5.

OPEN ENDED QUESTION

30 sec • 1 pt

Reaction to Capitalism: Marxism/Communism

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Answer explanation

-With industrialization the struggle is between the bourgeoisie(upper/middle class) and the proletariats (working class) -Revolution of proletariats will lead to a classless society

6.

OPEN ENDED QUESTION

30 sec • 1 pt

Anarchism

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Answer explanation

Belief that government is unnecessary or harmful

7.

OPEN ENDED QUESTION

30 sec • 1 pt

Socialism

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Answer explanation

The state owns the factors of production: emphasis on the govt support of the population through welfare type programs made possible by high taxation

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