Justina Nguyen, Victoria Nguyen
Ms. Kritzeck
English 2A Period 3
25 November 2013
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Socialism is an economic system that is
characterized by the centralized planning of
major industries and by public ...
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Socialism originated in France during the
French Revolution in 1789
Karl Marx and Friderich Engels referenced
scient...
Karl Marx and Friedrich Engels wrote The Communist Manifesto in
1848
Socialism

Capitalism

Economic System

Everyone gets somewhat Free market(no
equal amounts of
regulations on any
money, b...
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Came to the Soviet Union in December of 1922
Fell in December of 1991
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Socialist Countries:
China
Denmark
Finland
Netherlands
Canada
Sweden
Norway
Ireland
New Zealand
Bel...
Socialism
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Socialism

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Socialism

  1. 1. Justina Nguyen, Victoria Nguyen Ms. Kritzeck English 2A Period 3 25 November 2013
  2. 2.   Socialism is an economic system that is characterized by the centralized planning of major industries and by public ownership Social ownership
  3. 3.   Socialism originated in France during the French Revolution in 1789 Karl Marx and Friderich Engels referenced scientific socialism in the Communist Manifesto
  4. 4. Karl Marx and Friedrich Engels wrote The Communist Manifesto in 1848
  5. 5. Socialism Capitalism Economic System Everyone gets somewhat Free market(no equal amounts of regulations on any money, but the harder markets) you work the more money you get Philosophy Profit is distributed Means of production is among society in owned, operated, traded addition to earning wage for generating profit for owner/shareholder Religion Freedom of religion Freedom of religion Key Proponents Adam Smith, Ayn Rand Robert Owen, Pierre Leroux, Karl Marx, Fredrick Engels
  6. 6.   Came to the Soviet Union in December of 1922 Fell in December of 1991
  7. 7.            Socialist Countries: China Denmark Finland Netherlands Canada Sweden Norway Ireland New Zealand Belgium

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