Review Question What happens as a result of Urbanization and Industrialization? Negative & positive. What happens as a result of Urbanization and Industrialization? Negative & positive. HOMEWORK: HOMEWORK: I.R. Test Friday Chapter 7 sections 1-4.

Do Now: Now that production had increased, markets and trade increased, as a result government adopted different methods to run society and organize business. Now that production had increased, markets and trade increased, as a result government adopted different methods to run society and organize business. Define these words to the best of your abilities: Define these words to the best of your abilities:Capitalism Socialism SocialismCommunism

New Ways of Thinking

Capitalism Means of production is controlled by private individuals or groups. Means of production is controlled by private individuals or groups. Production should turn a _____________?????? Production should turn a _____________??????

What does it mean to have a Laissez- Faire outlook on things? What does it mean to have a Laissez- Faire outlook on things?

Laissez-Faire Laissez-Faire meant to take a hands off approach. Laissez-Faire meant to take a hands off approach. Government should not interfere in business. Government should not interfere in business.

Adam Smith Adam Smith wrote The Wealth of Nations. Adam Smith wrote The Wealth of Nations. A market that is not controlled will benefit everyone. A market that is not controlled will benefit everyone.

Thomas Malthus As the population increased, poor people would suffer. As the population increased, poor people would suffer. Famine would increase. Famine would increase.

David Ricardo Ricardo wrote Iron law of wages. Ricardo wrote Iron law of wages. People have more children when they made more money. People have more children when they made more money. Like Malthus, Ricardo did not have faith that the poor class would find their way out of poverty. Like Malthus, Ricardo did not have faith that the poor class would find their way out of poverty.

Both Malthus & Ricardo believed that the government should not help poor people, but it was up to each individual to help themselves. What idea is this an example of? Would you consider this view a conservative one? Explain.

Utilitarian Jeremy Bentham = Utilitarianism. Jeremy Bentham = Utilitarianism. The goal of society should be the greatest happiness for the greatest number. The goal of society should be the greatest happiness for the greatest number. Government should step into society sometimes. Government should step into society sometimes.

Utilitarianism Continued… John Stuart Mill = middle class and business owners could increase their happiness, but not at the expense of their workers. John Stuart Mill = middle class and business owners could increase their happiness, but not at the expense of their workers.

THE VOTE! The vote should have been given to workers and women. The vote should have been given to workers and women. VOTE= CHANGE VOTE= CHANGE

Socialism The means of production would be owned and operated by the people. The means of production would be owned and operated by the people. Means of production= farms, factories, railways and other large businesses that produced and distributed goods. Means of production= farms, factories, railways and other large businesses that produced and distributed goods.

Socialism Continued… Society should benefit everyone. Socialists built utopian communities. Society should benefit everyone. Socialists built utopian communities. Utopian communities were self-sufficient. All of the people would work and all property was common. Utopian communities were self-sufficient. All of the people would work and all property was common. Robert Owen- big supporter of these communities. Robert Owen- big supporter of these communities.

Karl Marx = Karl Marx = “scientific socialism.” “scientific socialism.” Just as capitalism replaced feudalism, he believed socialism would, in its turn, replace capitalism, and lead to a stateless, classless society called pure communism. This would emerge after a transitional period called the "dictatorship of the proletariat.” Just as capitalism replaced feudalism, he believed socialism would, in its turn, replace capitalism, and lead to a stateless, classless society called pure communism. This would emerge after a transitional period called the "dictatorship of the proletariat.”

Karl Marx

Marx was kicked out of his homeland because of his radical ideas. Marx was kicked out of his homeland because of his radical ideas. Marx went to Paris where he teamed up with Frederick Engels. Marx went to Paris where he teamed up with Frederick Engels.

Communist Manifesto The Communist Manifesto discussed Communism. The Communist Manifesto discussed Communism. Communism= is a form of socialism that sees class struggle between employers and employees as unavoidable. Communism= is a form of socialism that sees class struggle between employers and employees as unavoidable.

Marxism Marx believed that the society was divided into two groups. Marx believed that the society was divided into two groups. 1  Haves 1  Haves 2  Have nots 2  Have nots

Haves Haves owned the means of production and this controlled society and all its wealth. Haves owned the means of production and this controlled society and all its wealth. The Haves were the bourgeoisie. The Haves were the bourgeoisie.

Have Nots Have Nots did not have control of the means of production. Have Nots did not have control of the means of production. Have Nots were the proletariat or the working class. Have Nots were the proletariat or the working class.

The War in Society Proletariat class would be triumphant. Proletariat class would be triumphant. Once the proletariat won, they could take control of the means of production. Once the proletariat won, they could take control of the means of production. Marx hated capitalism- Why would he have hated capitalism? What aspects of capitalism would he have disliked? Marx hated capitalism- Why would he have hated capitalism? What aspects of capitalism would he have disliked? Marx wanted people to unite. Marx wanted people to unite.

Communism Ideology that is similar to socialism. Ideology that is similar to socialism. Establishes a classless, stateless organization. Establishes a classless, stateless organization. Branch of socialist ideas. Branch of socialist ideas.

“Working men of all countries, unite.” - Karl Marx

Do Now: Define capitalism. Explain how and where you see capitalism within the United States today. Define capitalism. Explain how and where you see capitalism within the United States today. What is the difference between capitalism and socialism? What is the difference between capitalism and socialism?HOMEWORK: INDUSTRIAL REVOLUTION TEST 11/12 THURSDAY INDUSTRIAL REVOLUTION TEST 11/12 THURSDAY FINISH COMMUNIST MANIFESTO WORKSHEET QUESTIONS AND EXCERPT FINISH COMMUNIST MANIFESTO WORKSHEET QUESTIONS AND EXCERPT