Vocabulary Quiz (Background Animal Farm)rm Info)

List the four keywords and phrases the video uses to define Capitalism.

• Supply and demand, freedom, choice and incentives

• Government control, Public ownership, Equality, Regulation

• Barter system, Communal living, Shared resources, No profit

• Central planning, State ownership, Fixed prices, No competition

What might be one potential benefit and one potential problem with Capitalism?

• Benefit: Economic growth; Problem: Income inequality

• Benefit: Centralized control; Problem: Lack of innovation

• Benefit: Equal distribution; Problem: No competition

• Benefit: Fixed prices; Problem: Limited consumer choice

List the five keywords and phrases the video uses to define Socialism.

• Community, Cooperation, Common Ownership & Equality

• Freedom, Market, Capital, Profit, Competition

• Democracy, Liberty, Justice, Rights, Independence

• Innovation, Growth, Efficiency, Productivity, Wealth

What might be one potential benefit and one potential problem with Socialism?

• Benefit: Increased equality; Problem: Reduced individual incentives

• Benefit: Greater competition; Problem: Less government control

• Benefit: Higher profits; Problem: Increased inequality

• Benefit: More innovation; Problem: Less community focus

What is the appeal of a Communist society?

• Equality among citizens

• Free market economy

• Individual wealth accumulation

• Limited government intervention

Why do you think there has never been a "true" Communist society?

• Lack of resources

• Someone always tries to take power

• Technological limitations

• Cultural differences

What are the traits or characteristics of a totalitarian society?

• Limited government control

• Individual freedoms are prioritized

• Total power given to one ruler

• Democratic decision-making processes

What does the name “totalitarianism” imply about a government or society?

• It supports individual rights

• It involves total control over public and private life

• It encourages free market policies

• It promotes cultural diversity

What is an allegory?

• A moral story

• A story with a lesson

• The Fox and the Crow

• The tortoise and the hare