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Communism/ Socialism
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Name the four derived versions of Marxism
stalinism, Leninism, Trotskyism, Maoism
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What are the Principles of Utility?
Act & Rule Utilitarianism
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What is authoritarian socialism
Followers believed that violent revolution was the only way to get rid of capitalism and set up governments that owned factors of production
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What is Democratic Socialism
Political system in which the government takes over the means of production
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Name the 3 Natural Laws
Law of Economics, Competition, Supply & Demand
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Employers could not hire children under what age?
9 years old
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What is Collective Bargainin?
Process of negotiation between management and union representatives
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Name 2 books that Karl Marx Wrote
Communist Manifesto & Das Kapital
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who worked to improve the conditions of others and did not feel business should be left to operate alone?
Humanitarians
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What is the Ten Hours Act?
a limit of 10 hour work days for women and children.
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who believed that the government should work for the good of all its citizens including women, children, and men regardless of their social status.
John Stuart Mill
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Name two ways oil was used during the 1500s & 1600s
Lubricating Machines, Kerosene lighting and heating
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What is Proletariat
Name given by Karl Marx to the working class
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TRUE or FALSE: Men became more employed due to the Labor Laws
True
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What is Utilitarianism?
Belief that a law was useful if it led to “the greatest happiness of the greatest number” of people
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