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Laabri

Economic Ideologies and Reform Movements of the 1800s

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Last updated over 5 years ago
39 Nsɛmmisa
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1.

Do you know where you stand on this spectrum?

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2.

What is the root word of conservative?

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3.

What is the root word of liberal?

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4.

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

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5.
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economic ideologies

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focus on theories about power and government

political ideology

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focus on how factors of production are managed, the level of government involvement in economics and who should be allowed to make a profit

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6.

There is no difference between an economic theory and reality.

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7.

Who owns the factors of production in a capitalist economy?

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11.

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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12.

Why did Adam Smith want the government to stay out of buisness?

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13.

The United States is a purely capitalist system.

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14.

Who owns an manages large industries and business in a socialist system?

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15.

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

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17.

How does government pay for the services or goods that they give to parts of their society?

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18.

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

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19.

Who owns the factors of production in a communist economy?

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20.

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

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21.

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

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22.

What problems could arise under Marxist communism?

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23.

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

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24.
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30.

What would life be like in an anarchist system?

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31.

What is suffrage?

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32.

The Reform Bill of 1832

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34.

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

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35.
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15th Amendment

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gave slaves in Confederate states freedom

Emancipation Proclamation

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abolished slavery

13th Amendment

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granted citizenship to former slaves and defined citizenship

14th Amendment

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protected the right to vote, no citize can be denied the right to vote based on race, color or previous condition of servitude

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36.

Why did Czar Alexander II free the serfs?

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37.
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1848 Public Health Acts

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created workhouses for homeless people

1834 Poor Laws

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formed to clean up the city water, sewage, and drainage problems

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38.
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horizontal monopoly

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one person or company controlling a whole industry with little or no competition

Monopoly

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one person or company controlls all parts of a business from start to finish (grow the food, transport, cook, sell it)

vertical monopoly

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one person or company controls all of one part of a in industry, like owning all the trucks or railroads for transporting goods

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39.
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John D Rockerfeller

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controlled the steel industry

Andrew Carnegie

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built first factories in the US

Francis Cabot Lowell

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banking tycoon

JP Morgan

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controlled the oil industry

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8.

What can consumers do if they do not like a product, or the price of a product in a capitalist system?

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9.

What keeps the price of goods lower in a capitalist system?

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10.

How does the goverment make money in a captialist system?

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16.

What is the purpose of socialism?

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33.

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