*Another one Flashcards

1
Q

Who were the Luddites?

A

A group of people who during the industrial revolution destroyed machinery to protest the poor working conditions and loss of jobs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Who were the Chartists?

A

People who advocated more for universal suffrage, voting by secret ballot, and the need to end property requirements for people in parliament

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What did the socialists believe?

A

Co-operation should be favored over competition and land, labour, and capital should be shared

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Who were some utopian socialist?

A

Robert Owen
Charles Fourier Claude Simon
Horace Greeley

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What did Robert Owen do?

A

Built an industrial community that paid high profits to owners and high wages to workers. He also reduced working hours and gave them educations

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What political ideology did Karl Marx and Englels embrace?

A

Communism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What did Karl Marx and Engels believe about capitalism?

A

That is divided society into the haves and the have nots

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What is moderate socialism?

A

A term used to describe the non-violent, non-revolutionary character of socialism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What is classical conservatism?

A

An ideology that says the government should represent the legacy of the past as well as the present

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What are the beliefs of Classical Conservatism?

A

Society should be structured in a hierarchical fashion
Govt should be limited
Stability of society is important

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What was the belief of Edmund Burke?

A

Classical conservatism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What is a welfare state?

A

To prevent labor and unrest by providing social and economic safety nets to the working class

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What is progressivism?

A

When people wanted a fair deal for both labor and capital

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What was Black Tuesday?

A

When the stock market crashed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

What was the great depression or the dirty thirties?

A

A period of depressed economic activity following WWI

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What is Protectionism?

A

When countries put tariffs on imports from other countries

17
Q

What were Keynesian Economics?

A

The idea that when there is a recession the government has to invest in more jobs, social programs, decreased taxes on citizens, more public aid

18
Q

What was Roosevelt’s new deal?

A

A political policy that focused on relief, reform and recovery that created work relief programs, aid, in order to get the country out of the depression

19
Q

What was Milton Friedman’s beliefs on economics?

A

He opposed the welfare state and modern economics and instead wanted monetarism

20
Q

What is Monetarism?

A

When government control the amount of money in circulation

21
Q

What are the principles of monetarism?

A

Decrease government spending and intervention in the economy

Decrease taxes

22
Q

What was Reaganomics or Trickle Down Economics?

A

The belief that increased spending in military and business will trickle-down through the economy to the working class. Deregulation of the economy

23
Q

What is Thatcherism?

A

Wide Scale privatization, emphasis on individual initiative, reduced corporate taxes

24
Q

What was Blair’s third way?

A

The adoption of thatcherism along with maintaining social programs