Lesson 70 pg. 193 - 195

Question 1

List ways that the government can crush market economies and political orders

Answer 1

> confiscation of private property
restraint of economic competition
governmental monopolization of production and distribution
control of consumption through forced rationing
strict control or abolition of labor unions
nationalization of banking systems
governmental determination of wages

Question 2

Define nationalism

Answer 2

nationalism - the promotion of one’s own nation and government regardless of moral considerations

Question 3

Define communism

Answer 3

communism - an economic system based upon public ownership and governmental control of the production and distribution of nearly all national resources

Question 4

Who was Karl Marx?

Answer 4

> published “The Communist Manifesto” in which he outlined classic Communist philosophy and described steps he felt were needed to establish Communism worldwide
formulated basic ideas of Communism and advocated overthrow of free market
wrote “Das Kapital” in which he wrote “in order to establish equality, we must first establish inequality”
promoted violent overthrow of bourgeois (property owners) and of proletariat (common working class)

Question 5

Define bourgeois

Answer 5

bourgeois - property owners

Question 6

Define proletariat

Answer 6

proletariat - common working class