Final Exam Flashcards
Be ready for exam
1
Q
Capitalism
A
a system of private enterprise that creates and markets goods and services for profit
2
Q
Private Enterprise
A
private ownership of the “ means of production”
3
Q
What is forcing wages down?
A
Women
Immigration
Technology
Globalization
4
Q
Adam Smith
A
1755
Scottish
5
Q
Benefits of Capitalism
A
provide a system for material prosperity driven by incentives
voluntarily transaction
6
Q
Bougeousie
A
Capital
7
Q
Proletariat
A
Labor
8
Q
Communist Manifesto: Meaning? Year?
A
“workers of the world unite” 1848
9
Q
what happen in 1867?
A
Das Kapital on Capital
10
Q
criticism of capitalism(8)
A
unfair distributions leads to monopoly economic and cultural exploitation of new markets represses workers break unions alienation unemployment chaotic booms and busts captailst controls political and ideological superstructive
11
Q
what does capitalism diminishes
A
community
12
Q
gamblers are related to what country
A
mumbai india
13
Q
prostitute relates to what city
A
suburia
14
Q
1 land owner
A
John Monroe
15
Q
2 land owner
A
Ted Turner
