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Here are flashcards based on your vocabulary list:

1. Capitalism
Front: What is capitalism?
Back: An economic system in which private individuals own businesses and property, and make profits through free-market competition.

2. Capital
Front: What is capital?
Back: Money or resources (like tools, machines, factories) used to produce goods and services.

3. Specialization
Front: What is specialization?
Back: When workers focus on one specific task in the production process to increase efficiency.

4. Laissez-Faire
Front: What is laissez-faire?
Back: An economic policy where the government does not interfere in business or the economy.

5. Means of Production
Front: What are the means of production?
Back: The land, factories, machines, and tools used to produce goods.

6. Proletariat
Front: Who are the proletariat?
Back: The working class who sell their labor for wages.

7. Bourgeoisie
Front: Who are the bourgeoisie?
Back: The middle/upper class who own businesses and the means of production.

8. Socialism
Front: What is socialism?
Back: An economic system where the government or community owns and controls the means of production.

9. Communism
Front: What is communism?
Back: A system where all property is publicly owned and everyone works and is paid according to their abilities and needs.

10. Anarchism
Front: What is anarchism?
Back: A political belief that there should be no government, and people should govern themselves.

If you’d like, I can also turn these into a Quizlet-style format or a practice fill-in-the-blank quiz to match how your teacher might test you.