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10th Grade History Final > Isms > Flashcards

Isms Flashcards

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1
Q

Main Idea

A

IR led to economic, social, and political reform. While factory owners prospered, workers suffered in the short term. suffering led to rise of socialism and eventually communism.

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2
Q

Relevance

A

Many modern social welfare programs developed during this period

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3
Q

social welfare program

A

governmental program designed to protect citizens from economic risks of life

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4
Q

Laissez Faire

A

economic policy of letting owners of industry and business set prices and working conditions wo interference

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5
Q

Free market

A

system in which market forces of supply and demand determine prices and allocate available supplies wo govt interference

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6
Q

LF favors what system?

A

free market

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7
Q

Adam Smith

A

author of Wealth of Nations, defended free market, supported capitalism, invisible hand theory, supply and demand

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8
Q

Demand and supply

A

demand falls, supply rises, price falls. rises, falls, rises.

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9
Q

Capitalism

A

A system of government in which wealth is controlled by private owners for profit rather than the government

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10
Q

Dividends

A

sum of money paid regularly to shareholders of a company out of profits or reserves

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11
Q

What effect has the IR had on social classes?

A

Intensified rich-poor contrast

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12
Q

Carnegie believed…

A

that its better to keep wealth in hands of few

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13
Q

Negative effect of IR according to Carnegie

A

rigid social structure breeding mistrust btwn workers and employers

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14
Q

Positive effect of IR according to Carnegie

A

cause of progress and increased goods to benefit all

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15
Q

Possible criticism of Carnegie

A

Rich can’t be depended on to distribute

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16
Q

What does Carnegie believe we should do to administer wealth

A

provide a good example with charity and living modesty

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17
Q

Socialism

A

shared property distributed equally (collapsed)

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18
Q

Socialist goal

A

society operating for wealth of all people–govt as a representative plan the economy rather than depending on market forces

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19
Q

Utopians

A

Early socialists tried to build communities self sufficient, shared work, shared ownership of property

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20
Q

Cores of socialism

A

society>individual, human welfare societal objective. all humans productive and equal. history is history of progressiveness.

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21
Q

Karl Marx quote

A

“From each according to his ability, to each according to his need”

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22
Q

Ability sometimes =

A

contribution

23
Q

Capitalism thru cows

A

You have two cows. Sell the milk, buy a third, grow.

24
Q

Socialism thru cows

A

Govt takes cows, everyone has to care for cows, govt gives you all the milk you need

25
Q

Communism thru cows

A

communal barn w everyones cows and labor divided and milk is taken by govt

26
Q

Robin Hood is a

A

socialist

27
Q

Socialism in a nutshell

A

Bureaucrats give your stuff away and you’re arrested for not doing it

28
Q

Communism in a nutshell

A

socialism on steroids

29
Q

Epoch

A

pd of time in society

30
Q

gradation

A

stage or degree

31
Q

What did Karl Marx write?

A

Communist Manifesto (marxism)1840s

32
Q

Marx’s ideas concerning owners-working class relations?

A

economics driving force in history–class struggle–bourgeoisie v proletariat natural enemies

33
Q

Which idea did Marx dislike? Why?

A

Utopians-unrealistic

34
Q

bourgeoisie

A

middle class

35
Q

proletariat

A

working class

36
Q

Communism

A

form of socialism with abolished classes/classless society. govt owns all businesses and controls distribution of services and sets prices

37
Q

invisible hand theory

A

self interest of capitalism ultimately creates jobs, industry, knowledge, beauty

38
Q

Current Capitalist countries

A

US, Germany, Japan

39
Q

Current Communist countries

A

Cuba, former Russia, N Korea

40
Q

Parties: US v. USSR

A

free elections and multiple parties v. one party state

41
Q

Ownership: US v. USSR

A

Industry and agriculture owned by private v state

42
Q

Profit: US v. USSR

A

Owners employ and keep v Classless w no individual profit making

43
Q

Govt interference: US v. USSR

A

Limited v controls most aspects of life

44
Q

Freedom of speech: US v. USSR

A

that and movement v strong censorship

45
Q

message of animal farm

A

communism is super bad

46
Q

Study animal farm

A

ok

47
Q

handouts as well

A

ok

48
Q

which ism won the cold war

A

capitalism

49
Q

globalization

A

spread of capitalism

50
Q

taxes and govt programs today

A

socialist institutions in a capitalist society

51
Q

private sector

A

private ownership individuals

52
Q

Marx believed that in the future

A

proletariat misery would begin revolution

53
Q

communism issue

A

doesn’t take incentive into account

54
Q

Animal farm

A

study storyline and questions

10th Grade History Final (3 decks)

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