Capitalism vs. Communism

Slides:



Advertisements
Similar presentations
Chapter 2 Economic Systems.
Advertisements

The Economic Dimensions of the Cold War
LEARNING TARGETS STUDENTS WILL: Define capitalism and communism. Evaluate the benefits and negatives of each system. Choose the economic system you think.
Economic Systems. How Does An Economy Work? Nations must answer 3 basic Economic question: What goods and services should be produced? How should the.
Bellringer Marxism The production of too many useful things results in too many useless people. The rich will do anything for the poor but get off their.
Capitalism vs. Command Economy. A) Capitalism 1) capitalism- economic system in which production and the means to produce are owned and controlled by.
Democracy vs. Communism
Communism vs. Capitalism. Economy Communism State (government) controls land, production State controls prices State determines jobs and business “Command”
Economics  What?  How?  Who?. Economic System:  A particular set of social institutions which deals with the production, distribution and consumption.
Do Now The government has ordered that all video game designers must devote half their time and resources to creating educational games. Write down your.
New Economic Ideologies Industrial Revolution. Do Now: What is an economic system? The system of production, distribution, and consumption of goods/resources.
Comparing Conceptual Systems: The West and the USSR Stuart Umpleby ml.
The Cold War Essential Summary The Cold War was the rivalry between the U.S. and the Soviet Union which included no actual fighting. The U.S. was democratic.
Economic Systems Capitalism, Socialism & Communism Liberty or Equality?
Communism vs. Capitalism Economic Systems An economic system is the way in which a particular country invests, produces, manufactures, and distributes.
GOVERNMENT ECONOMIC SYSTEMS. WHAT IS ECONOMICS? The study of how goods and services are produced, distributed, and consumed. The people who make goods.
Karl Marx-History is a record of class struggle between the “haves” and “have nots”. The haves control the means of production (key industries). The have-
Cold War Values. DEMOCRACY Form of government by the people in which citizens choose who will govern them Form of government by the people in which citizens.
Economic Systems WHAT IS ECONOMICS? DOES IT HAVE ANYTHING TO DO WITH YOU?
The Clash of Economic Idiologies The Grapes of Wrath.
SSUSH20 The student will analyze the domestic and international impact of the Cold War on the United States. SSUSH20 The student will analyze the domestic.
– 3. Relationship between legislative and exec. Branches. a. Presidential: 2 branches are both chosen by voters – considered separate and equal. b. Parliamentary:
2 Minute Writing Identify two facts you learned in your reading about economic systems.
Cold War Terms – Right Side Democracy from American Perspective: It is the best system of government Democracy from Soviet Perspective: True democracy.
DO NOW: 1/7/2015 WHAT IS THE “COLD WAR”? How would you describe this war? What do you know about it? What is the difference between a “hot” and “cold”
Unit 1: Types of Government & Economic Systems. TYPES OF GOVERNMENT & ECONOMIES DEMOCRATIC: Government controlled by citizens Democracy Direct Representative.
Chapter 18 The Spectrum of Economic Systems
What themes and characteristics should my ideology include?
Economic Systems Chapter 23 sec 2
Economic Systems.
Free Enterprise Market Economy vs. Command Economy
Economic Systems Capitalism, Socialism & Communism
Lesson Starter Zombie apocalypse. There are 100 survivors.
Economics Economics is the study of how society (People) chooses to employ limited resources to produce goods and services and distribute them for consumption.
3 basic Economic Systems Capitalism Socialism Communism.
Democracy vs. Communism
Communism vs. Democracy (part of Chapter 27 Notes)
How are resources, goods, and services allocated?
Unit 3 Essential Question: Who or what decides what you get?
Cold War Terms Differences Notes.
Unit 1: Foundations of Government
Writing Assignment minimum 1 page
Civics and Government - Concepts
How are resources, goods, and services allocated?
What is a political ideology?
Chapter 3 Essential Question: Who or what decides what you get?
THE COLD WAR.
Captitalism vs. Communism
Cold War Terms US vs USSR Notes.
By: Paulo, Branden, and Johnny
Comparative Economic & Political Systems
Unit 7: Economics & Choices
AP US Government & Politics
Economic Systems of Industrialization
Spectrum of Economic System
Warm-up Imagine you are a worker in a communist country. The government tells you where you will work, how much to produce and when to do it. How likely.
Economic Systems.
Introduction to Animal Farm: The Political Background
Economic Theories Remember to title and date your notes. Also include ALL the bold information.
Warm Up: Economic Theories

Economic Systems Capitalism, Socialism & Communism
Capitalism vs Socialism
Goal 7: Economics & Choices
The dominant economic system in the world
Production Managing resources Physical production Distribution.
Economic Systems What and how much should be produced?
Chapter 2 Economic Systems
Economic and Political –isms
Industrial Revolution Economics
Presentation transcript:

Capitalism vs. Communism

What is Capitalism? An economic system in which individuals own and operate private businesses for profit

Economic Prices of goods and services determined by competition Supply and demand

Social Any person is free to start a business and employ people. Choice of many parties for government, chosen by the people. A democracy.

Result Freedom to succeed or to fail Equal opportunity for all Division between rich and poor

What is Communism? A political system in which the government owns all businesses and services 2 Elements Economic Social

Economic Equal distribution of wealth The State is above the individual People have little choice in jobs Wages are the same no matter how much or how little you work

Social Government controls everything No private property Gov’t picks a job for you Control of media= no freedom of speech No freedom of religion

Result Government becomes totalitarian to prevent people from revolting 3 Main Methods of control by fear Man-made famines Slave labor camps Executions

Why the Cold War? The U.S. saw communism as a form of slavery and a threat to freedom everywhere