Capitalism vs Communism

In a "pure" communist society, who are the wealthiest and most powerful people?

• Intellectuals

• Business leaders

• Military leaders

• No One--every member of society is supposed to be equal

Answer explanation

Did you get fooled by the picture?? Everyone is EQUAL in pure communism

Economic decisions are made by the government

• Capitalism

• Communism

Answer explanation

A communist economy is known as a command economy. All economic decisions are made by the government

The government sets the price of goods and determines wages for workers

• Communism

• Capitalism

Answer explanation

In a command economy, ALL economic decisions are made by the government

The economy is based on the idea of competition (supply and demand) producing the best products

• Communism

• Capitalism

Answer explanation

Capitalism encourages many different businesses to compete with each other. The reward is PROFIT

What societal problem did Karl Marx attempt to address in his manifesto? Choose the best answer.

• The exploitation of the poor by the rich

• The low quality of good produced at large factories.

• Unfair laws that allow poor people to be sent to prison

• The fact that the average person had no rights

Answer explanation

Karl Marx was concerned about inequality and exploitation. He believed the workers would RISE UP and crush the bourgeoise

An economic system in which a country's industry is controlled by private owners for profit.

• communism

• socialism

• fascism

• capitalism

Answer explanation

In capitalism, the goal is PROFIT. The government is supposed to stay out of the economy and let businesses compete

In this type of government, the people vote for their leader.

• Communism

• Capitalism

• Dictatorship

This type of government usually has a "strongman", like a dictator.

• Communism

• Capitalism

I have freedom of speech. This means I live in a...

• Communist country

• Democracy

In a communist country, I can own a business.

• True

• False