Russian Revolution: Part 1

Question 1

Economic Systems

Answer 1

• Capitalism - the means of production is owned and operated by an individual
• • independent wealth
• Socialism - the means of production is shared by the community or society
• • there should be an equal distribution of wealth (classless society)

Question 2

Political Systems

Answer 2

• Communism (“extreme socialists”) - the means of production is controlled by the government in order to share is among its people
• • Idea arrived from the works of Karl Marx and advocated that everyone is paid according to their abilities

Question 3

Remember this..

Answer 3

• the “Two Cow” Model: A metaphor on understanding governments and economic systems
  COMMUNISM:
  – you have two cows. your neighbors help you take care of them, and you all share the milk
  CAPITALISM:
  – You have two cows. you sell one and buy a bull and use the profits to multiply your wealth
  SOCIALISM:
  – You have two cows. the government takes them and puts them in a barn with everyone else’s cows. You have to take care of all the cows. The government gives you as much milk as you need

Question 4

in a socialist economic system, the means of production are owned by ______

Answer 4

• society as a whole

Question 5

in a ________ economic system, the means of production are owned by society as a whole

Answer 5

• socialist

Question 6

communists believe that the ideal society can only be achieved through ________

Answer 6

• revolution

Question 7

which of the following is an essential tenet of socialist economies

Answer 7

• equal distribution of wealth

Question 8

in a _______ economic system, private profit creates an uneven distribution of wealth

Answer 8

• capitalist

Question 9

_________ is an economic system in which individuals own the means of production

Answer 9

• capitalism

Question 10

in a capitalism economic system, private profit creates ____________

Answer 10

• uneven distribution of wealth

Question 11

in a capitalist economy, the type and amount of production is controlled by _______

Answer 11

• individuals and the market

Question 12

political repression in America during the Cold War can mainly be attributed to _____

Answer 12

• fear

Question 13

which of the following countries was NOT part of the communist bloc during the Cold War

Answer 13

• Japan

Question 14

false imprisonments, job losses, and blacklisting were all part of _______

Answer 14

• McCarthyism