Industrial Revolution

Front

The government or groups of workers might control these resources but the profits are divided among the people.

Back

Socialism

Front

In a socialist economy, the wealth is distributed evenly among citizens.

Back

True

Front

This economic system is based on competition, profits, and self-interest.

Back

Capitalism

Front

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

Back

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

Front

The founder of communism: Adam Smith, John Locke, Karl Marx, Rousseau

Back

Karl Marx

Front

What was a long term result of the Industrial Revolution?

Back

Worker Unions and Labor Laws

Front

Who gets to make the economic decisions under capitalism?

Back

Individuals

Front

Which is not an economic system? Options: Capitalism, Mutualism, Communism, Socialism

Back

Mutualism

Front

In which economic system is the GOVERNMENT in control of land, resources, and factories?

Back

Socialism

Front

In which economic system are INDIVIDUALS in charge of owning land, resources, and factories? Options:

Communism

,

Socialism

,

Capitalism

Back

Capitalism