Beginning of the sociological revolution Flashcards
What is the definition of capitalism?
An economic system where private individuals own the means of production and operate for profit.
True or False: In capitalism, the government controls the means of production.
False
What is the main driving force behind capitalism?
Profit motive
What economic system does communism aim to replace?
Capitalism
Who is considered the father of communism?
Karl Marx
What is the main goal of communism?
To create a classless society where the means of production are owned by the community as a whole.
True or False: Communism encourages private ownership of the means of production.
False
What is urbanization?
The process of population concentration in cities.
What are some factors that contribute to urbanization?
Industrialization, job opportunities, better living conditions
What impact does urbanization have on the economy?
It can lead to economic growth and development.
What role does revolution play in changing economic systems?
Revolution can lead to the overthrow of existing systems and the establishment of new ones.
What are some examples of revolutions that have influenced economic systems?
French Revolution, Russian Revolution, Chinese Revolution
How does capitalism differ from communism in terms of ownership of the means of production?
Capitalism: private ownership; Communism: community ownership
What are some criticisms of capitalism?
Growing income inequality, exploitation of labor, environmental degradation
What are some criticisms of communism?
Lack of incentives, government control, lack of individual freedom