Key terms Flashcards
1
Q
Common ownership
A
The
means of production are
owned collectively and
profits are shared.
2
Q
Fraternity
A
The
relationship between
people.
3
Q
Capitalism
A
Wealth is
privately owned and
economies are driven by
market forces.
4
Q
Social justice
A
An attempt
to limit inequality through
wealth redistribution.
5
Q
Equality of outcome
A
Aiding disadvantaged
groups to achieve the same
outcomes as other groups.
6
Q
Class consciousness
A
A
self-understanding of a
class by its members.
7
Q
Communism
A
All wealth
and society are organised
and shared communally
8
Q
Marxism
A
The political
theories of Karl Marx that
communism is inevitable.
