market economy free enterprise private enterprise
what is another synonym for capitalism
freedom of choice
being able to choose what you sell and bye. the government is not involved
thought the poor should revolt against the rich
dictatorship of the proletariat
carl marx tells everyone to establish...
what is the proletariat
lack of food, too much time on war products and not enough time making goods for the people, inflation, unemployment
4 reasons the soviet union collapsed
an entrepreneur needs these two things start a business
low prices, customer service, low prices
a company needs these 3 things to be competitive
owners and workers
2 classes according to carl marx
what year did the soviet union collapse
what year did the soviet union begin
WW1 started in...
during the time of the soviet union what economic system did it operate under?
what economic system does russia have now
what political system is russia under
most citizens of developing nations live in....
name one country that does not operate uner a mixed economy
what is someone who works for the government?
growing bureaucracies results in
this is the difference between how much a business take in and how much the business costs
the money needed to produce goods and services is called...
this is when the government owns the basic means of production and decides how resources should be used
when buyers and seller get to choose
when the political party is in charge
has nationalism, high taxes, public welfare
system that allows private ownership
how many countries have purely capitalist economies
t or f? in a mixed economy students are assigned their jobs
t or f? in a capitalist economy all members should share equally
high taxes are uncommon in a socialist economy
the soviet union was biased on the ideas of...
russian revolution of 1917
what event was the first step in communism for russia
steve jobs, sam walton
2 examples of an entrepreneur
person who started facebook
america's economy is...
this kind of nation's economy is biased on farming and natural resources
a process the government take when they are taking over privately owned property
the last czar of russia
this man became the leader of russia in 1985
t or f? capitalism has a class system
t or f? socialism has a class system
communism has a class system
who has more incentive to produce a successful crop - socialism or communism
t or f? the soviet union exists today