PPT-Capitalism, Socialism, and Communism

Industrial revolution spreads Rising Economic Powers are all industrial Each will want access and control over RAW MATERIALS and MARKETS raw materials Markets Q What might happen when industrial nations want what NONindustrial nations have What effect will the industrial vs NONindustrial tension have on the world. Communism vs. Socialism. Rise of . C. ompeting Governments. Communism. A . theory or system of social organization based on the holding of all property in common, with actual ownership ascribed to the community or state . James R. Otteson. Joint Professor of Philosophy and Economics. Chairman, Department of Philosophy. Yeshiva University . Socialism:. cooperation, sharing, altruism, equality.. Capitalism: . competition, hoarding, selfishness, inequality.. MARX AND ENGELS. SOCIALISM AND COMMUNISM. brought to you by. KARL MARX. and. FRIEDERICH ENGELS. A BASIC BACKGROUND:. “Not just for rich schoolboys anymore!”. SOCIALISM AND COMMUNISM. Background. The conservative and liberal ideologies did not meet the needs of the growing and restless . Chronological Overview. Early socialism (utopian socialism). Revolutionary . socialism (communism). Evolutionary . socialism (revisionism). Early socialism (utopian socialism). France. 1815. Saint-Simon, Fourier, Blanc, Proudhon. What’s the difference?. Communism vs. Socialism. In a way, . communism.  is an extreme form of . socialism. . . Many.  countries have dominant socialist political parties but very few are truly communist. . . Socialism, and. . Communism. Capitalism. “It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.” - Smith. By: Maria. Introduction…. Socialism. is a centrally planned economy in which the government controls all means of production.. If you were to live in a Socialistic Community, you wouldn't be able to think for yourselves. You would rely on the government and they would do everything for you. . Amy De la Cruz. Lizbeth Morales. Luis Munoz. Ruby Perez. In the 1900’s, the world’s developed nations fell into 3 categories of economic systems-communism, socialism and capitalism.. Capitalism. Capitalism: the means of production are privately owned. Industrial revolution spreads….. Rising Economic Powers are all industrial. Each will want access and control over RAW MATERIALS and MARKETS. raw materials: . Markets:. Q: What might happen when industrial nations want what NON-industrial nations have? What effect will the “industrial vs. NON-industrial tension” have on the world?. Understanding Economic Systems. Adapted from a presentation created by Mr. Blair. What standard of living do you hope to attain in life? How do you plan to accomplish this goal?. Warm Up Question #1. Agenda. 1. Bell work.. 2. Rock, paper, scissors activity.. 3. Discussion/debrief.. 4. Guided notes.. Objective: Students will be able to understand basic characteristics of communism.. Directions/Procedures. Industrial revolution spreads….. Rising Economic Powers are all industrial. Each will want access and control over RAW MATERIALS and MARKETS. raw materials: . Markets:. Q: What might happen when industrial nations want what NON-industrial nations have? What effect will the “industrial vs. NON-industrial tension” have on the world?. Paper > Rock. Scissors > Paper. Rock, Paper, Scissors!. DO NOT EAT YOUR CANDY.. You will play R/P/S with the person across from you, whoever wins gets one piece of candy from the loser. . After each round, we will rotate so that you will compete against a different person each round.. LT#2: Describe the development and effects of capitalism, utopianism, socialism and communism. Big Change. Prior to Industrialization: The Feudal System!. People lives centered on . the castles that they lived in..