Economics Chp.2 (4)

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Author:
hey_itsdarra
ID:
231631
Filename:
Economics Chp.2 (4)
Updated:
2013-08-27 19:39:58
Tags:
Economics OHS
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1st 9 weeks
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  1. Democratic System
    • (Type of Socialism) 
    • Works within a constitutional framework to elect socialist to office (England, U.S, France, Germany, Holland)
  2. Authoritarism Socialism
    • (Type of Socialism)
    • Advocates revolution to overthrow capitalism 
    • (China, USSR, North Korea, Cuba, Libya, Vietnam)
  3. Communism
    The ideal economic system in that there is no need for a government
  4. Karl Marx
    "Father of communism" author of "Das Kapital" and the "Communism Manifesto"
  5. Proletariat
    Marxist term for the common people
  6. Problems with Capitalism
    • Wealth unequally distributed 
    •                      and
    • Not enough benefits to society in general 
    • (schools, museums,hospitals)

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