PPT-Communism, Socialism, Capitalism

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. 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 . Ella Willford, Piper S-A, Gigi Rich, Grete Hamnes, Anna Moskowitz, Kathy Vo. Socialism. Socialism: a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.. Or . marx. , capitalism, socialism. . and communism. Marx – . german. theorist. STAGES OF HISTORY. FEUDALISM. CAPITALISM. REVOLUTION. SOCIALISM. COMMUNISM. FEUDALISM. Society functioned around agriculture. 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?. 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 . 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. . S. Todd. Capitalism vs. Communism. Capitalism. and . communism . are opposing schools of thought in . economics and politics. The central arguments in the communist/capitalist debate are about:. Economic equality . . 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. Who is Marx?. MARXISM. Meaning. Encompasses many political theories advocated by Karl Marx and Frederick Engels. Human actions and institutions are economically determined, class struggle is needed to create historical change and . 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?. 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?. 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?. 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?. 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..