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WARM IT UP!

WARM IT UP!. Why would a steam engine be one of the most important inventions for the Industrial Revolution? 2. Why would the Agrarian Revolution need to precede the Industrial Revolution?. Karl Marx vs. Adam Smith. Communism vs. Capitalism. Laissez-Faire Economics.

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WARM IT UP!

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  1. WARM IT UP! Why would a steam engine be one of the most important inventions for the Industrial Revolution? 2. Why would the Agrarian Revolution need to precede the Industrial Revolution?

  2. Karl Marx vs. Adam Smith Communism vs. Capitalism

  3. Laissez-Faire Economics • Economic philosophy begun by Adam Smith in his book, Wealth of Nations • Stated that business and the economy would run best with no interference from the government. • Also known as capitalism

  4. The Communist Manifesto! *Begin Guided Notes* • A book written by: Karl Marx and Frederich Engels in 1848

  5. The Communist Manifesto • Marx believed: conditions would lead to a communist revolution • According to the book, those who control wealth and businesses “In this country, you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, then you get the women.” -Scarface

  6. A Workers’ Revolt • The manifesto was a prediction that WORKERS WOULD REVOLT against the wealthy….

  7. A Workers’ Revolt • ..to create a new society, free from money.

  8. They divided the world into two groups The Revolution was imminent! And would be WORLDWIDE • Working class=Proletariat • Class with money=Bourgeoisie

  9. Economic Evolution according to Karl Marx • Feudalism => • Capitalism => • Socialism (Government controls production) => • Communism (Workers control production)

  10. Pure Communist Society! Everyone works All the production is equally shared This means no war, no police, no money

  11. Workers of the world unite, you have nothing to lose but your chains! From each according to his ability, to each according to his needs. • -- Karl Marx

  12. Marx opposed nationalism b/c he wanted all workers to unite. • Marx saw religion as a tool of the upper class to keep the lower classes down. • “Religion is the opiate of the people.”

  13. The Modern World • Read side ‘C’ of the blue paper • Answer the three questions in your notebook • You have ~10’

  14. Do you think it likely that a revolution as Marx described it could ever take place in United States? Explain. • Which group of people do the ideas of Marx favor? • Which group of people do the ideas of Smith favor?

  15. Compare Communism to Capitalism • Using side ‘D’ of the blue paper create an organizer like the one below to identify pros and cons of both communism and capitalism. Add at least one pro and con to communism and capitalism under each heading • Communism • Capitalism • Pros • Cons

  16. With a Partner! • Using side ‘A’ of the pink sheet • Create a Venn Diagram comparing and contrasting the Communist Manifesto to the Declaration of Independence • You should have 4 items in each section of the Venn

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