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Economic Ideologies and Reform Movements of the 1800s

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Last updated about 5 years ago
39 questions
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Question 2
2.

What is the root word of conservative?

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Question 11
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Draw a picture of Adam Smith telling government to keep its hands out of business. Title this Adam Smith's Laissez-Faire

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Question 15
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What is the difference between the public owning something and the government owning something?

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Question 18
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What kinds of problems can come up under a socialist system?

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Question 19
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Who owns the factors of production in a communist economy?

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Question 21
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Draw a picture of the proletariat overthrowing the bourgeoisie. Label this Marxist Communism.

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Question 23
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Do you think communism has delivered the equality that it promised to people? Why or why not?

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Question 29
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Question 30
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What would life be like in an anarchist system?

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Question 31
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What is suffrage?

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Question 34
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Draw a picture of the Women's Social and Political Union protesting for the right to vote.

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Question 3
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What is the root word of liberal?

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Question 16
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What is the purpose of socialism?

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Question 20
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In theory, what is the purpose of government in a communist society?

Question 22
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What problems could arise under Marxist communism?

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Question 32
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Question 33
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What change allowed most male American citizens the right to vote?

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Question 36
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Question 37
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Question 38
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Question 39
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Do you know where you stand on this spectrum?
Radical
Liberal
Conservative
Unsure
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
economic ideologies
focus on theories about power and government
political ideology
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.
True
False
Who owns the factors of production in a capitalist economy?
The government
private indivuduals
What can consumers do if they do not like a product, or the price of a product in a capitalist system?
Shop somewhere else
nothing
haggle/negotiate
throw a fit
not buy it
What keeps the price of goods lower in a capitalist system?
competition
government
agreements between the business owner and customer
nothing, the prices are too high all the time
How does the goverment make money in a captialist system?
prints it
taxes profits
steals it
it doesnt make money
Why did Adam Smith want the government to stay out of buisness?
He wanted people to make decisions.
He believed government was the best at making decisions.
He thought government interference would make problems worse in business.
He wanted business to succeed on its own.
The United States is a purely capitalist system.
True
False
Who owns an manages large industries and business in a socialist system?
The government
private individuals
wealthy people
How does government pay for the services or goods that they give to parts of their society?
through tariffs
By collecting donations
Collecting taxes
It just prints the money
False
False
False
False
False
The Reform Bill of 1832
gave Americans the right to vote
gave middle-class British men the right to vote
gave women the right to vote
added seats in Parliament to industrial cities
15th Amendment
gave slaves in Confederate states freedom
Emancipation Proclamation
abolished slavery
13th Amendment
granted citizenship to former slaves and defined citizenship
14th Amendment
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?
He was impressed by the Emancipation Proclamation
Because he realized that Russia needed to modernize after losing the Crimean War
Because he wanted to support their equal rights
Because he was mad at the Boyars
1848 Public Health Acts
created workhouses for homeless people
1834 Poor Laws
formed to clean up the city water, sewage, and drainage problems
horizontal monopoly
one person or company controlling a whole industry with little or no competition
Monopoly
one person or company controlls all parts of a business from start to finish (grow the food, transport, cook, sell it)
vertical monopoly
one person or company controls all of one part of a in industry, like owning all the trucks or railroads for transporting goods
John D Rockerfeller
controlled the steel industry
Andrew Carnegie
built first factories in the US
Francis Cabot Lowell
banking tycoon
JP Morgan
controlled the oil industry