Lesson 13 and 14 - Democratic Socialism

Question 1

Capitalism

Answer 1

The system where people are allowed to own private property, land, and businesses.

Question 2

Socialism

Answer 2

A government system where the government owns the majority of property. Means of production are owned or controlled by the state or the community as a whole.

Question 3

Communism (theory)

Answer 3

All resources are shared equally among the population. The distribution of goods and services is based on need, with the goal of achieving a classless society. It is typically characterized by a stateless, moneyless society.

Question 4

Communism (as practiced)

Answer 4

The attempts to implement communism have often resulted in authoritarian regimes.

Centralized control of the economy by the state often leads to inefficiency and shortages.

Question 5

Democratic Socialism

Answer 5

Democratic socialism is defined as having a socialist economy in which the means of production are socially and collectively owned or controlled alongside a democratic political system of government.

Question 6

Assumptions Democratic Socialism

Answer 6

The belief in the importance of social justice, economic equality, and the role of government in providing essential services and regulating the economy to benefit all citizens.

Question 7

Consideration Democratic Socialism

Answer 7

Consideration for democratic socialism involves prioritizing the needs of the people, ensuring democratic participation in decision-making, and implementing policies that promote equality and social welfare.

Question 8

When does a democratic socialist contract become void?

Answer 8

A democratic socialist contract may become void if the government fails to address inequality, undermines democratic principles, or neglects the welfare of the people it serves.

Question 9

Strengths of Democratic Socialism

Answer 9

the potential for reducing income inequality, providing universal access to essential services such as healthcare and education, and promoting social solidarity and cohesion.

Question 10

Weaknesses of Democratic Socialism

Answer 10

Weaknesses of democratic socialism may include challenges in balancing economic efficiency with social welfare and concerns about individual freedoms and incentives.