
Do you know where you stand on this spectrum?

What is the root word of conservative?
What is the root word of liberal?
Where would the following individuals most likey be on this political spectrum?
poor factory worker
middle class shop owner
farmer in a small village
noble
Conservative
Liberal
Radical

| Stavka koja se može prevući | arrow_right_alt | Odgovarajuća stavka |
|---|---|---|
economic ideologies | arrow_right_alt | focus on theories about power and government |
political ideology | arrow_right_alt | focus on how factors of production are managed, the level of government involvement in economics and who should be allowed to make a profit |

There is no difference between an economic theory and reality.

Who owns the factors of production in a capitalist economy?

Draw a picture of Adam Smith telling government to keep its hands out of business. Title this Adam Smith's Laissez-Faire
Why did Adam Smith want the government to stay out of buisness?

The United States is a purely capitalist system.

Who owns an manages large industries and business in a socialist system?
What is the difference between the public owning something and the government owning something?
What is the purpose of socialism?

How does government pay for the services or goods that they give to parts of their society?
What kinds of problems can come up under a socialist system?

Who owns the factors of production in a communist economy?
In theory, what is the purpose of government in a communist society?

Draw a picture of the proletariat overthrowing the bourgeoisie. Label this Marxist Communism.
What problems could arise under Marxist communism?

Do you think communism has delivered the equality that it promised to people? Why or why not?



What would life be like in an anarchist system?

What is suffrage?
The Reform Bill of 1832

Draw a picture of the Women's Social and Political Union protesting for the right to vote.

| Stavka koja se može prevući | arrow_right_alt | Odgovarajuća stavka |
|---|---|---|
15th Amendment | arrow_right_alt | gave slaves in Confederate states freedom |
Emancipation Proclamation | arrow_right_alt | abolished slavery |
13th Amendment | arrow_right_alt | granted citizenship to former slaves and defined citizenship |
14th Amendment | arrow_right_alt | protected the right to vote, no citize can be denied the right to vote based on race, color or previous condition of servitude |

Why did Czar Alexander II free the serfs?

| Stavka koja se može prevući | arrow_right_alt | Odgovarajuća stavka |
|---|---|---|
1848 Public Health Acts | arrow_right_alt | created workhouses for homeless people |
1834 Poor Laws | arrow_right_alt | formed to clean up the city water, sewage, and drainage problems |

| Stavka koja se može prevući | arrow_right_alt | Odgovarajuća stavka |
|---|---|---|
horizontal monopoly | arrow_right_alt | one person or company controlling a whole industry with little or no competition |
Monopoly | arrow_right_alt | one person or company controlls all parts of a business from start to finish (grow the food, transport, cook, sell it) |
vertical monopoly | arrow_right_alt | one person or company controls all of one part of a in industry, like owning all the trucks or railroads for transporting goods |
| Stavka koja se može prevući | arrow_right_alt | Odgovarajuća stavka |
|---|---|---|
John D Rockerfeller | arrow_right_alt | controlled the steel industry |
Andrew Carnegie | arrow_right_alt | built first factories in the US |
Francis Cabot Lowell | arrow_right_alt | banking tycoon |
JP Morgan | arrow_right_alt | controlled the oil industry |
What can consumers do if they do not like a product, or the price of a product in a capitalist system?
What keeps the price of goods lower in a capitalist system?
How does the goverment make money in a captialist system?
What change allowed most male American citizens the right to vote?