Capitalism and Communism
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Curipod generated lesson: "Capitalism and Communism". #8-10
tlunz
Updated 5 months ago
1. Word cloud
120 seconds
In two words, how would you describe the difference between Capitalism and Communism?
2. Slide
60 seconds
Capitalism is an economic system in which private individuals own and operate businesses with the goal of making a profit. Communism is an economic system in which all means of production are owned and operated by the government. These systems differ in their beliefs about the role of the government and their views on social and economic inequality.
Capitalism and Communism: A Comparison
3. Slide
60 seconds
Capitalism: An economic system based on private ownership of economic resources and their operation for profit. Communism: An economic and political system in which the means of production and distribution are owned by the community as a whole and controlled by the government. Socialism: An economic and political system in which the means of production and distribution are publicly or cooperatively owned and controlled by the people.
Concepts:
4. Slide
60 seconds
The Soviet Union was the first nation in the world to grant women the right to vote. The first country to establish a socialist state was France, in 1793. Capitalism and Communism have more similarities than differences, including the idea that a strong central government should be in charge of the economy
Did you know?
5. Open question
180 seconds
Work together in pairs: What are the key differences between Capitalism and Communism?
6. Personalised Feedback
360 seconds
How do capitalism and communism differ in their approach to property ownership and economic systems?
7. Open question
180 seconds
Work together in pairs: What are some of the key differences between Capitalism and Communism?
8. Drawings
450 seconds
Brain break: Draw three different types of pizza toppings having a race to see who reaches the finish line first.
9. Poll
60 seconds
Which economic system is based on private ownership of the means of production?
- Capitalism
- Communism
10. Poll
60 seconds
Which economic system emphasizes collective ownership and control of the means of production?
- Capitalism
- Communism
11. Poll
60 seconds
In which system is there greater income inequality?
- Capitalism
- Communism
12. Poll
60 seconds
What is the role of government in a capitalist economy?
- Heavy intervention in markets
- Minimal intervention in markets
13. Poll
60 seconds
Which economist is associated with Communism?
- Adam Smith
- Karl Marx
Made with ❤️ from Norway