MatchingMatch each term in Column A with its definition inColumn B.Column A1. capitalism2. free enterprise3. profit motive4. competition5.
Question:
Column B.
Column A
1. capitalism
2. free enterprise
3. profit motive
4. competition
5. private property
6. pure competition
7. monopolistic competition
8. public property
9. gross domestic
product (GDP)
10. invisible hand
COLUMN B
A- competition among many small producers who sell products that vary slightly
B-the total value of the goods and services pro duced by a country in one year
C-the lands, buildings, or goods owned by individuals or businesses
D-the lands, buildings, or goods controlled or op erated by federal, state, or local governments
E-the right of individuals to enter into legal businesses and operate them as they see fit
F-the effort to outperform other businesses
G-a system of private ownership of raw materi-
als, factories, and equipment
H-the desire to earn a surplus
I-when no single firm can influence prices
J-Adam Smith's view on how a nation's eco-
nomic resources can be efficiently allocated
[tex]Matching Match each term in Column A with its definition in Column B. Column A 1. capitalism 2. f[/tex]
Answers
1. Exploited working class--Proletariat
2. State ownership of the means of production--Socialism
3. Rich property owners who exploit the working class--Bourgeosisie
4. Political doctrine of social and economic equality and cooperation--Communism
The political doctrine of Communism was laid out by Karl Marx. He argued that to move a country from Competitive Capitalism the masses of workers or proletariat, needed to organize, rise up, and overthrow the owners or bourgeoisie. Once this was completed a new government would set up a socialist system where private industry would end with production being run by the government. Eventually, the government would be able to step back and allow for cooperation within the country arriving at communism.
Exploited work class-PROLETARIAT
State ownership-COMMUNISM
Political doctrine-SOCIALISM
Rich property owners-BOURGEOISIE
Proletariat = exploited working class or the class which compose most of the workers and skillsmen
Bourgeoisie = rich property owners who lets the preletriat work for them
Socialism = workers controlling means of production and living
Communism = Form of socialism in which commodities are distributed based on need regardless of the social class; no social class exists, everyone is equal
franklin d. roosevelt
hope this !
cuban communists pressured the soviet union to place missiles in cuba.