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Capitalism Questions

• List your team members name & how much money is left at the end of your game.

• How many earned more than the $1,500 they started with?

• How many have less than the $1,500 they started with?

Capitalism Question

• If you lost money, why do you think that is?– Bad Luck– Poor Risk Taking– Other:_______________

• Are there any advantages to free enterprise? Why or Why not? If yes, what advantages are there?

• Does free enterprise benefit everyone equally?

Socialism Monopoly

Warm-up

• List 3 characteristics of Capitalism?– Individuals can buy properties– Can own railroads & utility companies– Can buy stock– Can receive dividends from the bank– Pay taxes– Pay more for medical care– Can get rich, can go broke– Student Debt, Unemployment, Economic Freedom

What Does This Mean?

Socialism

• Government has an increased role in society

• Main goal is to meet the basic needs for all and to provide employment for many

• The goal is to have a classless society– No poverty, middle class, rich– Citizens are equal

Socialism

• More social programs to ensure a certain standard of living for their citizens

• Medical care & education is free or very cheap

• Businesses & individuals pay MUCH higher taxes than those in a capitalistic society

• The government runs most industries– Telephone companies, banks, electric companies, water, gas,

transportation, etc..

• Sweden, Canada, The United Kingdom use this philosophy

Socialism Monopoly Rules

• Pass Go you get $150

• Free Parking money is distributed equally to everyone

• Income Tax spaces are $400

• Luxury Tax is $125 each player

• Jail costs $75 to get out

Chance Cards• Visit the railroad

– Government owned– Pay the government twice the rent

• Get out of Jail Free now costs $50

• All utilities are paid to government

• Bank Dividend: Player receives no money

• Building & Loan Matures: Owe govt. $50

• General Repairs: $40/house & $130/hotel

• Poor Tax: Player has to redistribute their wealth so that they have no more than others

• Chairman of the Board: Other players must pay you so that wealth is redistributed

Community Chest Cards

Income Tax Refund Collect only $10

Pay School Tax Pay $200

Doctor’s Fee Pay $5

Get out of Jail Free Pay $50

Grand Opera Opening Redistribute wealth so everyone has the same

Street Repairs Repair Fee Doubles

Sale of Stock Collect $25

Receive for Services Collect $15

Pay Hospital Pay $5

Capitalism

• Capitalism: Political & economical philosophy – Characterized by marketplace competition – Private ownership of business.– Also known as Free Enterprise

• United States & Japan are two examples

• Government takes care of people via social services

• Government is associated with capitalism– Democracy– Vote republican, democratic, independent, etc…

Bell Work• What is one characteristic of socialism?

– Government has an increased role in society– Main goal is to meet the basic needs for all and to provide employment

for many– The goal is to have a classless society

• More social programs to ensure a certain standard of living for their citizens

• Medical care & education is free or very cheap

• Businesses & individuals pay MUCH higher taxes than those in a capitalistic society

• The government runs most industries– Telephone companies, banks, electric companies, water, gas,

transportation, etc..

Capitalism Bank

$ Amount

$500 2

$100 2

$50 2

$20 6

$10 5

$5 5

$1 5

Total: $1,500

Week #5 Week #6 Week #7

Speaker #1 Mallory Anderson (1) Hayato Johnson (3) Brea Brown

Speaker #2 Dabrina Gonzalez (2) Valeria Diaz (4) Susy Gomez

Speaker #3 Vicente Jan (3) Shelby Thomas (2) Dominque Munoz

Speaker #4 Zack Zaragoza (1) Todd Wells

Evaluator #1 Dominque Munoz (2) Jason Anderson (T-3) Dabrina Gonzalez

Evaluator #2 Savannah Rojas (1) Oscar Chairez (1) Nick Kroenfield

Evaluator #3 Zach Zaragoza Alani Miller (T-3) Scotty Nickerson

Evaluator #4 Julianne Oliva (2) Channing Tucker

Toastmaster Erika Navarrete Sarah Mondragon Hayato Johnson

Table Topics Master Brittanie Johnson Kaycie Dahl Bradley Shore

TT Speakers Scottie, Trevor, Sarah, & Kevin

Devin, Haylee, Shelby, & Kevin

Timekeeper Jennifer Sandoval Savannah Rojas Kamron Martin

Ah Counter Alani Miller Danielle Phagan Mallory Anderson

JokeMaster Devin Winner Bradley Shore Jason Anderson

WordMaster Stevi Zozaya (Swag) Susy Gomez (Hardcore) Trevor Bratcher

SnackMaster Reyna Ochoa Dominque Munoz

Monopoly Totals• Group #5

– Haylee– Kaycie– Erika– Quinn– Danielle– Sarah

• Group #6– Valeria– Brittany– Alani– Jennifer

• Group #1– Brea– Dabrina– Hayato– Nick– Julianne

• Group #2– Susy– Dominque– Reyna– Bradley

• Group #3– Jason– Oscar– Colin– Kamron– Bryant

• Group #4– Mallory– Savannah– Michelle– Shelby– Channing– Stevi

• Group #7– Trevor– Scotty– Kevin– Trandon– Devin

• Group #8– Julian– Vicente– Todd– Zack

Communism Monopoly

Bell Work

• Name One Characteristic of a communistic society?

Week #5 Week #6 Week #7

Speaker #1 Lucas Gil (1) Brady Anderson (3) Angel Hurtado

Speaker #2 Halie Sutton (2) Katlyn Jones (2) Brenda Lara

Speaker #3 Jaci Boisjolie (4) Angel Hurtado (Absent) Jose Ruvalcaba

Speaker #4 Nathan Dominguez (3) Mackenzie Richards (1) Kyle Sheltra & Luis Suarez

Evaluator #1 Francisco Bojorquez (4) Lindsey Solano (1) Kristin Cofske

Evaluator #2 Stephanie Guzman (2) Edmond Song (2) Edgar Colon

Evaluator #3 Brian Jenkins (3) Adam Smoker (3) Nathan Dominguez

Evaluator #4 Kyle Sheltra (1) Alyssa Enman & Jordan Zamora

Toastmaster Christian Meza Jennifer Salazar Brady Anderson

Table Topics Master

Jennifer Salazar Brenda Lara Charles Vasquez

TT Speakers Brenda, Kyana, Adam, Dina Lucas, Stephen, Heather, & Alyssa

Timekeeper Manuel Soqui Kristin Cofske Francisco Bojorquez

Ah Counter Alyssa Enman Dina Smith Heather Cradic

JokeMaster/Dance Jose R. Lucas Gil / Edgar Colon Mary Pepple / Kyana V.

WordMaster Edgar Colon Gloria Perez Katlym Jones

Communism• Government controls factors of production

• No private ownership of property or capital

• Built around the belief that if goods are owned by government they are available to everyone

– Promotes a Classless society– Government acts as the community

• All workers are assigned jobs– No unemployment– Always get paid (regardless if you go or not)

• Housing & education are determined by government

• Medical Care is free

• No financial incentive for people to work harder

• Examples include Cuba and North Korea

Communism Rules• Everyone starts with $900

– Unless you had less on Thursday

• No properties can be purchased– No one can own land– Rent must be paid to the government

• All properties require rent

• Every time you pass go collect $100

• No money goes to free parking

• There is no income or luxury tax – Taxes are taken out of your check automatically– There are no luxuries

• If placed in jail, skip two turns

Chance Cards

Card Payment/Consequence

Visit the Railroad Pay twice the rent

Get out of Jail Free Lose one turn instead of two

Visit Utility Pay government

Bank Dividend $0

Building & Loan Matures $0

General Repairs $0

Poor Tax $0

Chairman of the Board $0

Community Chest Cards

Card Payment

Income Tax Refund $0

Pay School Tax $0

Doctor’s Fee $0

Get Out of Jail Free Lose One Turn

Grand Opera Opening $0

Street Repairs $0

Sale of Stock $0

Receive for Services $0

Pay Hospital $0