History isms and revolutions minor assesments

Question 1

Laissez-Fair Economy

Answer 1

An economic system in wich the government does not interfere with the market.

Question 2

Bourgeoisie

Answer 2

The middle class/ruling class/upper class

Question 3

Proletariat

Answer 3

The working class

Question 4

Socialism

Answer 4

A socio-economic system = means of production are owned and controlled by the public/people

Question 5

Marxism

Answer 5

Marxism is a theory of history that says the development of human society cumulates in the uprising of the working classes against the wealthy and upper classes.

Question 6

Communism

Answer 6

A socio-economic system in wich means of production is controlled by the community in a classless society. where no one owns any private property.

Question 7

Means of production

Answer 7

anything used to produce goods and services (land, labor, capital)

Question 8

Capitalism

Answer 8

socio-economic system in wich private individuals/businesses own and control most of the factories of production for the make-of-sale profit.