Question

readworks
name: __________ date: __________

1. what is capitalism?

a an environmental disaster that happened when a bp oil rig exploded in the gulf of mexico
b an economic system where individuals and businesses own property and resources and make decisions about how they are used
c a social reform that gave free and accessible healthcare to everyone in the united states
d a political system where there are no social classes or private property and people work based on their abilities

1. what contrast does the author draw between the motivations for producing goods in capitalist societies and in communist societies?

a in capitalist societies, goods are made to earn profit and satisfy demand, while in communist societies, goods are made to meet the communitys needs.
b in capitalist societies, goods are made for trade with other countries, while in communist societies, goods are made only for personal use.
c in capitalist societies, goods are made to reduce pollution, while in communist societies, goods are made to increase the size of cities.
d in capitalist societies, workers produce goods only for military purposes, while in communist societies, workers produce goods for art.

1. describe two negative consequences of the industrial revolution on peoples well - being.
2. marx and engels communist theories imagined a world without social classes. how did mao zedongs policies fail to achieve this?
3. how does human behavior affect the outcomes of both capitalist and communist systems? use details and examples from the text to support your answer.

Explanation:

1. Capitalism is defined as an economic - system where private ownership and resource - use decisions are made by individuals and businesses. Option B is correct.
2. The main contrast between capitalist and communist societies in production motivation is that in capitalism, goods are produced for profit and demand satisfaction, while in communism, for community needs. Option A is correct.

Answer:

1. B. an economic system where individuals and businesses own property and resources and make decisions about how they are used
2. A. In capitalist societies, goods are made to earn profit and satisfy demand, while in communist societies, goods are made to meet the community's needs.