Bell Ringer Write your name on the seating chart paper on the iPad Cart Take out a new sheet of paper for Bell Ringers. Write down everything you know about Communism, and be prepared to discuss your answers. Communism What is communism? • Economic system. • Believes in collective (group) ownership and a planned economy. • The theory is that everybody pools their resources and labor to evenly distribute everything. • Karl Marx is “the” communist. Marxism • Marx and Engels studied the history of the world’s economies Capitalism Feudalism Basic Communism Socialism Communism !!!! •They believed they discovered an inevitable pattern Communist Manifesto 1. 2. 3. 4. Abolition of property Heavy, progressive taxes Abolition of inheritance Confiscation of property of all emigrants and rebels 5. Central banking 6. State-controlled communication and transportation 7. State-controlled education of the children Communism • Capitalists will put up a fight but the will of the people will always win. • Everyone now works together, war eliminated, and armies are obsolete. • Everything is provided by the people so $ becomes a thing of the past. • All human activity goes towards benefiting each other-allowing all to live their lives to the fullest. What’s good about communism? • Security, basic needs met. • Everyone would have a job, house, health care, etc. What’s bad about communism? • Lack of choice • No reward for being a better worker or punishment for being a slacker. • Everyone expected to be the same. Unit 5 Timeline Name: . Yalta Conference Creation of UN Marshall Plan Start Truman Doctrine Churchill’s Iron Curtain Speech End of WWII 1945 46 \ 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 1963
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