Chapter 6 Flashcards
0
Q
Government intervention
A
Government action to influence the economy. (Social programs etc)
1
Q
Bourgeoisie
A
The middle class. Capitalist class who owned most of societies wealth and production.
2
Q
Great Depression
A
Economic crash, no employment. In the 1930s
3
Q
Marxism
A
Socialist ideology that capitalism should be brought down and classless society should be establish.
4
Q
Proletariat
A
Term used by Karl Marx to refer to industrial workers.
5
Q
Social programs
A
Employment endurance, health care, education.
6
Q
Universal health care
A
Everyone get healthcare regardless of their ability pay.
7
Q
Utopian socialism
A
Robert Owen, believed in utopia where people could prosper.