Professional Documents
Culture Documents
Key Terms:
Factors of Production Capitalist Entrepreneur
Free Enterprise System Market Economy Supply and Demand
Monopoly Laissez-faire Socialism
Welfare State Proletariat Bourgeoisie
Command Economy Mixed Market Economy Communism
Collectivization Privatization Karl Marx
Freidrich Engel the Communist Manifesto Das Kapital
Key Ideas:
$ Strengths and Weakness of Capitalism, Socialism, Communism
€ Four main components of communist ideology
¥ Key Characteristics of Capitalism, Socialism, Communism