Marxism and Capitalism Concepts

The video explores Marxism, a theory by Karl Marx, highlighting its conflict theory nature, focusing on the struggle between the rich and poor. It contrasts Marxism with capitalism, an economic system based on private ownership. The Industrial Revolution's impact on society is discussed, emphasizing the shift from feudalism to capitalism and the resulting class struggle. Marx's views on inequality and the potential for revolution to establish communism, a system of communal ownership and equality, are also covered.

Where was Karl Marx born?

• Russia

• England

• Germany

• France

What does Marxism identify as the main societal conflict?

• Government vs. Citizens

• Men vs. Women

• Young vs. Old

• Rich vs. Poor

How does capitalism differ from Marxism according to the transcript?

• It encourages equal distribution of wealth.

• It is a form of socialism.

• It is based on private ownership of production.

• It promotes communal ownership.

During which historical period did Marx develop his theories?

• The Middle Ages

• The Industrial Revolution

• The Enlightenment

• The Renaissance

What was the impact of the enclosure acts on ordinary people?

• They became wealthy landowners.

• They were forced to move to cities.

• They started new businesses.

• They gained more land rights.

What ideology did the Industrial Revolution promote?

• Socialism

• Capitalism

• Communism

• Feudalism

What term did Marx use to describe the working class?

• Bourgeoisie

• Proletariat

• Peasantry

• Aristocracy

What did Marx believe was necessary for radical change in society?

• Government reform

• Peaceful negotiation

• Technological advancement

• Revolution

According to Marx, what ensures the rich continue to get richer?

• Educational opportunities

• Technological advancements

• The capitalist system

• Government policies

What system did Marx envision replacing capitalism?

• Feudalism

• Communism

• Monarchy

• Socialism