Unit 7 Week 4- Communism and Fascism

Communism is an economic system where everyone shares the same _____________.

• taxes

• property

• wealth

• debt

Capitalsim is an economic system where people ________ money.

• donate

• do not tax

• ignore

• compete

Under communism, there is NO ______________

• navy

• army

• government

• private property

Belief that inequality is OK and natural.

• communism

• fascism

• both

leader of communist Soviet Union (Russia)

• Joseph Stalin

• Benito Mussolini

• Adolf Hitler

• Franklin D. Roosevelt

leader of fascist Italy

• Joseph Stalin

• Benito Mussolini

• Adolf Hitler

• Franklin D. Roosevelt

leader of Nazi Germany

• Joseph Stalin

• Benito Mussolini

• Adolf Hitler

• Franklin D. Roosevelt

What is communism?

• A type of government that controls all land, businesses, factories, and machinery.

• a political system headed by a dictator in which the government controls business and labor and opposition is not permitted

• A type of government that elects is representatives every 4 years.

• A type of government that has a powerful military and uses it to threaten other countries.

Laissez-faire practices are most closely associated with a

• command economy
• traditional economy
• mixed economy
• market economy

Laissez-faire capitalism as attributed to Adam Smith called for

• heavy taxation of manufacturers

• minimal government involvement in the economy

• strict government control of the economy

• government investments in major industries