Unit 2 Flashcards
Great Law of Peace
constitution that established a democracy between 5 Iroquois speaking tribes
formed on Wampum Belts
Formed to end years of battle between 5 nations
Declaration of Independence
all men are created equal - Life, Liberty and Pursuit of Happiness
announced colonies separation from Great Britain - US
Declaration of rights of man
Men are born free and equal in rights - rights to liberty, property, security and resistance to oppression
During the French Revolution
Spectrum of Liberalism, Socialism, Fascism and Communism
John Stuart Mill
Liberal - Believes in the Natural Rights
Utilitarian - everyone does things for their own pleasure
Classical Liberalism
Promotes Free Market - no government involvement, economic freedom, political freedom, freedom of speech
Modern Liberalism
Supports Government regulations on private industries- prevents monopolies and dangerous work environments
Capitalism
private - controlled by owners for their own profit free market
Mercantilism
gain wealth through trade - more exports than importa
Lassez-Faire
Leave Alone - Less government interference = more bussiness for society + better society
Marxism
communist ideas - theory that critiques capitalist ideas
believes capitalism is based on inequalities between working and ruling classes
Democratic Socialist
government regulated economy - chosen democratically
limits accumulation of private property
Karl Marx
Believes Capitalism would destroy itself
wanted a classless society - communism
Adam Smith
Capitalist - believed labour and self interest motivated people
Robert Owens
Socialist- wants to eliminate poverty
