Sweden is an example of what type of economic system?

Cuba is an example of what type of economic system?

United States is most like what type of economic system?

In this system people make all economic decisions based on their own self-interest. In a pure __________ system, only

the forces of supply and demand control the economy.

_________ argued for Capitalism in his book The Wealth of Nations.

A large gap between the rich/poor, bad working conditions, and child labor were the result of which economic system of the Industrial Revolution.

In ___________, individuals own both private property and the means of production (factories, machines, tools, etc.).

In this economic system, people may own private property, but the public controls the means of production.

________ argued for Communism in The Communist Manifesto and Das Kapital

The term used for the working class, often used when describing the theories of Karl Marx

In ___________, the government/people as a group own all property and the means of production. Goods and services are shared equally.

Which economic system is characterized by private ownership of the means of production and operates for profit?

In which economic system does the government play a significant role in regulating and redistributing resources to achieve social welfare?

Which economic system aims to create a classless society where all property is publicly owned and each person works and is paid according to their abilities and needs?