3.1.3 Socialism

• What is the central idea of socialism in terms of ownership of production means?

  Community ownership
• Socialism aims to reduce economic inequality and provide equal opportunities for all.


  True
• Arrange the key principles of socialism in order of importance:

  1️⃣ Common Ownership

  2️⃣ Equality

  3️⃣ Central Planning

  4️⃣ Worker Control
• The principles of socialism reflect goals of collective ownership and economic equality.


  True
• Social democracy seeks to transform capitalism through democratic means
• Socialism features common ownership, equality, central planning, and worker control
• Social democracy seeks to transform capitalism through democratic means
• Democratic socialism seeks to establish socialism through democratic processes and worker control of the means of production
• Which thinker developed the theory of scientific socialism?

  Karl Marx
• Order the historical development of socialist thought:

  1️⃣ Early socialist thinkers

  2️⃣ Marxism

  3️⃣ Social democracy

  4️⃣ Democratic socialism

  5️⃣ Anarcho-syndicalism
• In socialism, the means of production are collectively owned, not privately owned
• What role does central planning play in a socialist economy?

  Central control
• Socialism aims to reduce economic inequality
• Match the type of socialism with its description:

  Marxism-Leninism ↔️ One-party state and command economy

  Social Democracy ↔️ Reformist approach through democracy

  Democratic Socialism ↔️ Worker control through democratic processes

  Anarcho-Syndicalism ↔️ Abolition of the state and worker ownership
• Anarcho-syndicalism advocates for the abolition of the state and worker-controlled ownership.


  True
• The principles of socialism reflect goals of collective ownership, economic equality, and democratic control.


  True
• What type of socialism emphasizes a one-party state and centralized command economy?

  Marxism-Leninism
• What type of socialism advocates for the abolition of the state and worker-controlled ownership through trade unions?

  Anarcho-Syndicalism
• Friedrich Engels collaborated with Marx and helped develop the concept of historical materialism.


  True
• What is the role of the community in socialism according to its definition?

  Ownership or regulation
• Socialism aims to reduce economic inequality and provide equal access to wealth, resources, and opportunities.


  True
• The principles of socialism reflect its core goals of collective ownership, economic equality, and democratic control
• Democratic socialism aims for worker control of the means of production
• Karl Marx and Friedrich Engels developed scientific socialism.
• In socialism, wealth and resources are accessible through common ownership.
• Match the type of socialism with its primary concern:

  Marxism-Leninism ↔️ Authoritarian control

  Social Democracy ↔️ Capitalism's inequalities

  Democratic Socialism ↔️ Worker empowerment

  Anarcho-Syndicalism ↔️ State abolition
• Communism seeks a totalitarian state with complete government control

  True
• What are the four key principles of socialism?

  Common ownership, equality, central planning, worker control
• What role do workers play in decision-making in a socialist system?

  Direct say in management
• Social democracy seeks to transform capitalism through revolutionary means

  False
• Rank the types of socialism by their degree of state involvement, from most to least:

  1️⃣ Marxism-Leninism

  2️⃣ Social Democracy

  3️⃣ Democratic Socialism

  4️⃣ Anarcho-Syndicalism
• Match the socialist thinkers with their key ideas:

  Karl Marx ↔️ Class struggle

  Robert Owen ↔️ Cooperative communities

  Ferdinand Lassalle ↔️ Democratic socialist state
• Why might socialism stifle innovation and entrepreneurship?

  Reduced financial incentives
• What is the economic system of socialism?

  Centrally planned economy
• Worker control in socialism means workers have direct say in enterprise management.


  True
• What drives economic decisions in a socialist system instead of market forces?

  Central planning
• Who are the key figures associated with Marxism-Leninism?

  Karl Marx and Vladimir Lenin
• What common goals do all types of socialism share?

  Collective ownership and equality
• How does Marxism-Leninism differ from social democracy?

  Emphasis on revolution vs reform
• Social democracy aims to transform capitalism through democratic means rather than revolution.


  True