Economics Chp.2 (4)

Democratic System
- (Type of Socialism)
- Works within a constitutional framework to elect socialist to office (England, U.S, France, Germany, Holland)
Authoritarism Socialism
- (Type of Socialism)
- Advocates revolution to overthrow capitalism
- (China, USSR, North Korea, Cuba, Libya, Vietnam)
Communism

The ideal economic system in that there is no need for a government
Karl Marx

"Father of communism" author of "Das Kapital" and the "Communism Manifesto"
Proletariat

Marxist term for the common people
Problems with Capitalism
- Wealth unequally distributed
- and
- Not enough benefits to society in general
- (schools, museums,hospitals)

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hey_itsdarra

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Card Set

Economics Chp.2 (4)

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1st 9 weeks

Updated

2013-08-27T23:39:58Z

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