New Ways of Thinking Flashcards

1

Most economies are really this, a blend of the other three systems.

2

An economic system that was based on trade and acquiring resources

3

an economic system in which most businesses are privately owned

4

Which is NOT an example of capitalism?

5

The belief that ideal communities can solve society's problems

6

Who wrote the Iron Law of Wages?

7

Marx referred to the working class as

8

Who wrote The Communist Manifesto?

9

In a socialist country, citizens pay LESS in taxes than those who live in a capitalist country.

10

Who wrote the Wealth of Nations?

New Ways of Thinking