CH 17: Lesson 4 Karl Marx

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How are Marxism, Communism and Socialism all related?

According to Karl Marx Socialism IS Communism. Socialism and Communism in Marxism means the same social society.

What is capitalism?

An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state, or government.

What is Marxism?

A branch of socialism that emphasizes exploitation(mistreating others for your benefit) and class struggle and includes both Communism and Socialism.

What does Socialism mean?

A political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. Owned by the Government.

What is Communism?

A political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs. NO private ownership.

Who was Karl Marx?

Economic thinker who wrote about a radical form of socialism. The Father of Communism.

Karl Marx was born......

in Germany in 1818 and died in 1883.

What did Karl Marx believe?

He believed that there is no God and said that people who believe in God are ignorant (rejection to natural law).

Karl Marx was the father of....

Marxism, Communism, Socialism


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