Communism + Socialism By Farwa,Tommy, Jessie. Karl Marx Father of Communism.
Socialism and Communism
description
Transcript of Socialism and Communism
Socialism and Communism
1. What type of economic system is found in pure socialism?A. commandB. traditionalC. free enterprise
2. What is on either side of the “economic spectrum?”
Warm-up
Today I will be able to distinguish between capitalist, socialist and communist economic systems by constructing a double bubble thinking map.
Content Objective
AdvantagesEfficiencyFlexibility
DisadvantagesAre needs met?Who builds roads?Is it stable?
Capitalism
Mostly government owned businesses
Most are democracies
Socialism
AdvantagesThe unfortunate and unproductive still benefit from societyHealthcare, jobs, education, welfare
Leaders are elected
Socialism
DisadvantagesLacks efficiencyWhy work hard?
Very high taxes
Socialism
Political and economic systemNo private propertyNo free elections
Communism
Philosophy of Marx“All history is the history of class struggle”All history is a continuing story of conflict between the haves and the have-nots.
MarxismClass differences disappearAll have equal access to
Food, shelter, clothingMedical care
All receive full benefit from their laborFactory owners no longer get rich on labor of workers
Everyone works for everyone’s good
Consume according to your needs
No prices or wages
Communism- Theoretically…
•Who would Marx’s ideas appeal to?•Who would be opposed to Marxism?
AdvantagesNo one’s ever firedAll needs provided
Communism
DisadvantagesNo individual freedom
Little say in job selection
Not free to move
Equal payShoddy production
Communism
In a double bubble map, compare and contrast capitalism, socialism, and/or communism.
Exit Ticket