Capitalism, Socialism and Communism

Front

Who wrote the iconic book 'The Wealth of Nations'?

Back

Adam Smith

Front

Who championed the idea of 'Laissez Faire' in economics?

Back

Adam Smith

Front

In a lively debate club with Priya and Mia, who would passionately argue in favor of free trade and free markets, advocating for no restrictions?

Back

Adam Smith

Front

Who is often hailed as the 'Father of Capitalism'?

Back

Adam Smith

Front

Who famously said that individuals should pursue self-interest?

Back

Adam Smith

Front

Imagine Ava and Grace are debating about the economy. Who would argue that there's no need for government regulation?

Back

Adam Smith

Front

Who believes that the factors of production should be privately owned by individuals or businesses: Karl Marx or Adam Smith?

Back

Adam Smith

Front

Who was famously critical of capitalism?

Back

Karl Marx

Front

Who penned the revolutionary works Communist Manifesto and Das Kapital?

Back

Karl Marx

Front

Imagine Mia and Jackson rallying the workers to unite and overthrow the capitalist bourgeoisie (wealthy class). Who inspired this revolutionary idea?

Back

Karl Marx