Assignment task: Socialism Vs. Capitalism
Directions: Fill the correct word for each question; you will either put socialism or capitalism for each question.
1. People are allowed to earn money for individual profit?
2. In this type of government people are classified as high class, middle class, or lower class.
3. In this government system, the government had control of the means of business.
4. In this system of government individuals are allowed to keep nearly all their profits.
5. In this type of government, the wealth that is accumulated by the public is shared.
6. In this type of political government, the government intervenes for the common good.
7. Individuals are allowed to own property with this system of government.
8. Property is a public good and maintained by the government