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15 Cards in this Set
- Front
- Back
Capitalism |
Economic system in which individuals or corporations own land and means of production. Capitalist societies encourage competition and personal profit. |
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Communism |
This political and economic system advocates equal labor and equal shares of the benefits derived from labor. However according to Frederick Engels' "principles of communism, " the system is more militant than socialism. |
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Socialists believe capitalism causes.. |
Oppression of the lower class. |
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Socialists believe that due to the competitive nature of capitalism.. |
The wealthy minority maintains control of industry, effectively driving down wages and opportunity for the working class. |
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The main goal of socialism is to.. |
Dispel class distinctions by turning over control of industry to the state. This results in a harmonious society, free of oppression and financial instability. |
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Soviet dictator Vladimir llyich Lenin was the first leader to |
Put socialism to the test in the soviet union after his takeover in 1917. He implemented many socialist initiatives including forced nationalization of industry and collectivization of agriculture. |
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The socialist party of America was formed in |
1901 when the socialist labor party merged with the social Democratic Party. |
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By 1912 the socialist party of America had more than __ members |
100,000 |
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The socialist party of America's growth in the US was massively hindered in 1917 when the government... |
Enacted the Espionage Act |
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The Espionage Act originated out of the government's fear of.. |
The communist way of life--fear incited by the bloody Bolshevik Revolution in Russia, which resulted in many millions of deaths and the complete overthrow of the Russian government. |
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The Espionage Act encouraged.. |
Patriotism above all else and made it illegal to publicly oppose involvement in World War I |
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Nationalization |
The transfer of industry or private property to the control of the government |
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Europe saw a rise in democratic socialism after.. |
World War I. Socialist parties became active in the governments of Germany, Sweden, the Netherlands, Belgium, and Great Britain. |
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The socialist labor partys membership in the US plummeted in the 1950s because.. |
Supporters of socialism became wary of associating with the controversial communist system. |
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Any program that calls for the redistribution of wealth can be considered socialist. Socialist programs include.. |
The tax that the US imposes on citizens to support the welfare system, which provides aid to financially unstable citizens, healthcare systems like medicare and Medicaid |