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18 Cartas en este set
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laissez faire
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the govermente should not interfere with business affairs
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Adam Smith:
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philosopher who defended laissez faire, governments shouldn’t put limits on business,
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Capitalism
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Economic system where people invest to gain profit, businesses are privately owned by individuals and not regulated by government.
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utilitarianism
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an idea is only good as long as it is useful
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Socialism
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Businesses should be owned by society :the whole society should enjoy the benefits of production
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kARL MARX
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EGerman conomic thinker who wrote about a radical forn orfsocialism -COMUNISM - Conmunist Manifesto
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communism
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Form of socialism in which all production is owned by the people. Wealth is distributed equally among all citizens, society has no class distinction, government
owns the means of production. |
anarchism
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People should be able to develop freely without government intervention. Law should be ignored and governments eliminated (government is harmful, terrorist attacks)
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union
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group of workers that negotiated with the business owner to get better pay and working conditions
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strike -huelga
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organized refusal to work-everyone refuses to work
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How does the capitalism work?
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Economic system where people invest to gain profit
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Thomas Malthus
David Ricardo |
Supported capitalism
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Utilitariams
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unfair to work for so little money
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Karl Marx
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Marxism.. opossed capitalism
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How are the ideas of capitalism and socialism different?
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Capitalism equals personal wealth, and socialism society wealth.
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How did both the government and workers themselves try to improve workers lives?
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Workers formed unions, went on a strike (organized refusal to work) and government passed new law ( to limit the work)
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Name two mayor reform movements of the 1800s
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-abolition of slavery
-Women’s Rights |
SOCIAL REFORMES
SUPPORTED SOCIALISM AND ABOLISH SLAVERY |
John Stuart Mill:
- Robert Owen: - Charles Fourier and Henri de Saint-Simon: - Karl Marx wrote (MANIFESTO)and Frederich E eNGLES - William Wilberforce: - Jane Addams: - Horace Mann: |