SS
Question:
Answer:
What decision made by Czar Nicholas II led to his abdication?
What does abdicate mean?
Entering WWi
Abdicate means renouncing one's throne.
What fate met Czar Nicolas II and his family?
They got killed
Why did Lenin approve the execution of Czar Nicholas II and his family?
So the blood line would be killed so none of them could become the future king or queen
What BIG problem facing society was communism addressing?
Inequality between the proletariat and the bourgeoisie
According to Communism, who are the proletariat and who are the bourgeoisie?
How are they connected?
The proletariat were the workers who had to work the land While the bourgeoisie were the rich and lazy
According to communism, all the workers should have an equal share of the land, factories, and business. But in the Soviet Union who actually owned the land, factories and business?
The government did
In what ways did the Soviet Union and the US compete after World War 2?
The space race and cold war
Explain the symbolism of the Soviet flag:
The sickle represent agriculture and the hammer shows industry working together
Who is this man?
What was his role in bringing communism to Russia?
This is vladimir lenin his role was that he introduced it and the first leader
Who is this man?
This is stalin
How did the Communists (people like Lenin and Stalin) actually treat the proletariat?
They would not treat them equally instead they would be rude and that they were to stupid
What allowed the Soviet Union to emerge as a Superpower after World War II?
Scientists,red army,stalin's 5 year plan and natural resources
What is the significance of this image?
Were the USSR had control
What did Stalin mean when he declared: “If only one man dies of hunger that is a tragedy. If millions die, that’s only a statistic.”
When one -person dies there is more emotion if a lot then you don't really feel statistics
Why is it significant that in the USSR there were limited television and radio stations and that they were heavily controlled by the Communist government?
So that they could be brainwashed in political and everything to believe the government
How did Josef Stalin use the Gulag and the KGB to control the Soviet people?
They would either put them in the Gulag or the kgb would kill them if they did not agree with stalin or if they hated him and said bad stuff about him and they scare them to have power
How did our class lesson highlight the central economic problem facing the Soviet Economy?
Consider different aspects like the:
Poor Quality Products produced
Lack of supplies
Lack of Rewards and incentives
Long lines
Everyone got paid the same amount so the stuff they would make would be bad quality or they would make barley any meaning that they would make nothing and what they would make would be bad
What was the Cold War between the USSR and the U.S.?
Be sure to use the following vocabulary words in your explanation:
Nuclear Weapons
Arms race
The Red Army
Hot war
Mad (Mutually Assured Destruction)
Robert Oppenheimer
Not fighting with anything especially nuclear weapons it was called that arms race and the red army were the ones that killed others and robert oppenheimer was the one that made the nuclear weapons
What does Sting mean when he sings: “There’s no such thing as a winnable war; it’s a lie we don’t believe anymore.”
No one can win Because that means everyone dies because it is a nuclear war any war is not winnable because you always will lose something
Vocabulary Terms:
Economic Systems:
Market Economy (Capitalism)
A system where businesses and people make decisions about what to buy, sell, and produce without much government control.
Command Economy (Communism)
A system where the government makes all the decisions about what is made and who gets it.
Mixed Economy
A system that blends a market economy with some government involvement to help with fairness and stability.
Economic System
A way a country organizes how goods and services are made, sold, and used.
Market Economy (Capitalism)
A system where businesses and people make decisions about what to buy, sell, and produce without much government control.
Key Economic Concepts:
Supply and Demand
The idea that the price of something depends on how much is available (supply) and how much people want it (demand).
Means of Production
The tools, factories, and other things used to make goods
Efficiency
Making things in a way that saves time, money, and materials while still meeting people's needs.
Innovation
Creating new ideas, products, or ways of doing things to make life better or easier.
Economic Growth and Challenges:
Economic Growth
When a country makes more goods and services than before, improving life for many people.
Recession
A time when the economy is doing poorly, with fewer jobs and less spending.
Depression
A very bad and long-lasting recession where many people lose jobs, and businesses shut down.
Doom Loop
A cycle where people spend less money, causing businesses to lose money, which leads to job losses and even less spending
Economic Inequality and Wealth Distribution:
Economic Inequality
When money and resources are not shared fairly, so some people have a lot more than others
Redistribution of Wealth
taking money from wealthier people and giving it to people who have less, usually through taxes and government programs.
Standard of Living
How comfortable and easy life is for people based on things like money, housing, and health.
Middle Class
A group of people who aren’t super rich or very poor, usually with enough money for basic needs and some extras.
Government’s Role in the Economy
Government Regulation
Rules made by the government to make sure businesses are fair and safe for everyone.
Market Structures and Global Connections:
Monopoly
When one company controls an entire market and doesn’t have any competition.
Underground Market
A secret or illegal market where people buy and sell things the government doesn’t allow
Gross Domestic Product (GDP)
The total value of all the goods and services a country makes in one year.
People in the Economy:
Entrepreneur
A person who starts their own business and takes risks to try to make money.
Additional Information: Specific to BOTH systems:
Capitalism Shoe Simulation: Compare the shoe simulation in class to the car simulation (be specific).
→ What was the difference in terms of creativity and freedom in each simulation?
Creativity was the freedom of what kind of shoes and the design of the shoes without being controlled
→What was the difference in terms of worker motivation in each simulation?
In the making the car you made the same amount of money no matter one while in the shoes you can make different amounts of money per shoes
→ What was the difference between the simulation in terms of “payoff”?
One made more than the other
Why did Communism fall apart in the USSR in 1991? In your explanation be sure to incorporate the words: Efficiency, innovation, and competition. How does this political cartoon illustrate what we did in class as well as why it fell apart?
They are stuck behind the rest of the world while the rest of the world are progressing but they aren't\
In a Capitalist/Market Economy:
What determines what is produced?
Hint: What would determine what style of shoe Nike will produce?
What is the most popular and trending and in style at the moment to get more money
In a Capitalist/Market Economy:
What determines how much is produced?
Hint: What would determine how many Jordans Nike will produce in its factory?
Depends what type of company and also the one that is better seller will more produced
In a Capitalist/Market Economy:
What determines the cost of the item or service?
Hint: What would determine how much Nike will charge for the shoe?
The more bought the price will be higher
In Communist/Command Economy: What/who determines what is produced?
The government and in command the business itself
In Communist/Command Economy: What/who determines how much is produced?
In government controls everything and in command the business itself
In Communist/Command Economy: What/who determines the cost of the item or service?
The government and in command the business itself
Be able to provide two specific examples of how the government still plays a significant role in our capitalist/mixed economy:
Hint: Environmental damage, Poverty, Monopoly
Without government control there would be poverty and market failures and monopoly cause of increased prices
What is entrepreneurship?
What are its benefits for Capitalism?
Why does it not exist in communism?
Take risk and make there own business
Because you would make different amounts of money and if you do good on your business you make more money so more taxes for the government
Capitalism is often criticized for creating severe inequality. What is severe inequality?
Rich and poor people and better and less successful business and goods
What are the signs of an economic recession, or worse, an economic depression?
Less business,no jobs making less money cutting jobs and the business shuts down
What is the economic doom loop?
Be able to explain why things get worse and worse in the economy:
The economic depression going in a loop as it gets worse
What is innovation?
Why is it so critical to achieving success in capitalism?
Making a new idea to help within comfort and better for your life and new ideas and more money and more competition
What is efficiency?
Why is it so critical to achieving success in capitalism?
Producing something in a timely of order to save time and money and also material and te product still being good