New Economic Theories Quiz

In a dictatorship of the proletariat, who controls the government?

What moderate reforms did European socialists support? Check all that apply.

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-assistance for the poor-better working conditions-minimum wage laws
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-Businesses eventually exploited the working class.-Workers who were injured on the job were not protected.-There were vast inequalities between workers and owners.-Big companies drove small companies out of business.
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through competition between businesses.
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communist revolution.

Which problems arose as a result of capitalism with little government oversight? Check all that apply.

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Friedrich Engels
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-assistance for the poor-better working conditions-minimum wage laws
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-Businesses eventually exploited the working class.-Workers who were injured on the job were not protected.-There were vast inequalities between workers and owners.-Big companies drove small companies out of business.
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communist revolution.

An economic theory that stresses government management of the production and distribution of goods is ________.

Karl Marx developed the economic theory of

As economic theories, socialism and communism sought to

Adam Smith believed that fair prices for goods are determined in a capitalist system

In The Communist Manifesto, Karl Marx hypothesized that capitalism would fail if workers________.

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-Businesses eventually exploited the working class.-Workers who were injured on the job were not protected.-There were vast inequalities between workers and owners.-Big companies drove small companies out of business.
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working classes
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revolted
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Friedrich Engels