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18 Cartas en este set

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laissez faire
the govermente should not interfere with business affairs
Adam Smith:
philosopher who defended laissez faire, governments shouldn’t put limits on business,
Capitalism
Economic system where people invest to gain profit, businesses are privately owned by individuals and not regulated by government.
utilitarianism
an idea is only good as long as it is useful
Socialism
Businesses should be owned by society :the whole society should enjoy the benefits of production
kARL MARX
EGerman conomic thinker who wrote about a radical forn orfsocialism -COMUNISM - Conmunist Manifesto
communism
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
People should be able to develop freely without government intervention. Law should be ignored and governments eliminated (government is harmful, terrorist attacks)
union
group of workers that negotiated with the business owner to get better pay and working conditions
strike -huelga
organized refusal to work-everyone refuses to work
How does the capitalism work?
Economic system where people invest to gain profit
Thomas Malthus

David Ricardo
Supported capitalism
Utilitariams
unfair to work for so little money
Karl Marx
Marxism.. opossed capitalism
How are the ideas of capitalism and socialism different?
Capitalism equals personal wealth, and socialism society wealth.
How did both the government and workers themselves try to improve workers lives?
Workers formed unions, went on a strike (organized refusal to work) and government passed new law ( to limit the work)
Name two mayor reform movements of the 1800s
-
-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: