MEDIUM
Earn 100

What do you mean by socialism?
Important Questions on Economic Systems and Problem of an Economy
HARD
Which of the following statements about socialism are correct?
I. Robert Owen was the founder of New Harmony.
II. Louis Blanc wanted the government to support co-operatives.
III. Marx argued that all property should be socially controlled.
IV. Robert Owen also believed that workers should construct a radically socialist society.

MEDIUM
Who sought to build a cooperative community called "New Harmony", in the United States of America?

EASY
Define Mixed Economy.

EASY
Name the socialist, who sought to build a cooperative community called New Harmony in Indiana.

HARD
What is capitalism?

HARD
Karl Marx wanted to overthrow _____.

EASY
Who built New Harmony in Indiana (USA)?

MEDIUM
_____ owned the capital invested in factories, and the profit was produced by workers. (Capitalist/ Environmentalist)

HARD
The distinguishing feature of communism is:

MEDIUM
Robert Owen, an English Manufacturer wanted to establish a cooperative community in Indiana.

HARD
Capitalists believed in _____.

HARD
In what respects were things in Russia different from those in most European countries by the early th century?

EASY
Who wanted the government to encourage cooperatives and replace enterprises?

HARD
A Labour Party in Britain was formed by socialists and _____.

HARD
A meeting has been called in your area to discuss the socialist idea of doing away with private property and introducing collective ownership.
What would you do at the meeting if you are:
- A poor labourer working in the fields
- A medium-level landowner
- A house owner

HARD
In what ways was the working population in Russia are different from other countries in Europe, before

EASY
Cotyledons are also called-

HARD
List two differences between the capitalist and socialist ideas of private property.

HARD
Within , Socialist had established their government in many European countries.

HARD
In what aspect is Communism in China different from the original communist philosophy?

