Who felt that government actions are useful if the government promoted the greatest good for the greatest amount of people?

A. Adam Smith B. Thomas Malthus C. David Ricardo D. Jeremy Bentham

John Stuart Mill favored what type of working system?

A. Cooperative system of agriculture B. Substance farming C. Capitalism D. None of the above

In socialism, the government controls which of the following?

A. Factories B. Railroads C. Industry D. Mines E. All of the above

Karl Marx is known for what?

A. Wrote The 3 Natural Laws of Economics

B. Wrote The Communist Manifesto C. Wrote Death to Capitalism D. Wrote Capitalists are Mars and

Economists are from Venus

According to Marx, after a period of time the government would go away as a classless society developed, this was called?

A. Communism B. Socialism C. Capitalism D. All of the above

Jeremy Bentham took Smith’s ideas and modified it

Utilitarianism Govt. should

promote the greatest good for the greatest number of people.

Govt. was only good if they promoted this goal

Led Utilitarianism movement in 1800’s

Workers should not live deprived lives

Favored –• Cooperative system

of agriculture• Women’s rights• Reform in education

and prison system

To offset the problems of industrialization with a new system (Socialism)

Government should plan the economy rather than focus on the free market system

Government controls• Factories• Railroads• Industry• Mines

German journalist introduced Marxism

Wrote the The Communist Manifesto

Argued that human have been divided into warring classes

Bourgeoisie Proletariat Enriched the wealthy

& impoverished the poor

Capitalism would destroy itself

Proletariat would revolt

Seize control of factories from capitalist

Produce only what society needs

Economic equality for all people

The workers would share the profits

After a period of cooperative living and education, the government would go away as a classless society developed

Last phase was called Communism

Who felt that government actions are useful if the government promoted the greatest good for the greatest amount of people?

A. Adam Smith B. Thomas Malthus C. David Ricardo D. Jeremy Bentham

John Stuart Mill favored what type of working system?

A. Cooperative system of agriculture B. Substance farming C. Capitalism D. None of the above

In socialism, the government controls which of the following?

A. Factories B. Railroads C. Industry D. Mines E. All of the above

Karl Marx is known for what?

A. Wrote The 3 Natural Laws of Economics

B. Wrote The Communist Manifesto C. Wrote Death to Capitalism D. Wrote Capitalists are Mars and

Economists are from Venus

According to Marx, after a period of time the government would go away as a classless society developed, this was called?

A. Communism B. Socialism C. Capitalism D. All of the above