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Questions on Capitalism and Socialism from the Little Blue Book (pages 214, 215, and 266

Question 1

Short answer

Why did overseas trade require large amounts of capital? (page 214)

Question 2

Short answer

How did merchants and traders get the capital they needed for overseas trade? (page 214)

Question 3

Short answer

Describe the insurance system that developed in the 1600s? (215)

Question 4

Short answer

Who owns a nation's property and businesses under capitalism? (215)

Question 5

Short answer

How did governments treat capitalism in the 1800s? (page 266)

Question 6

Short answer

Why were socialists unhappy with capitalism? (page 266)

Question 7

Short answer

What did socialists believe about the ownership of property and businesses? (page 266)

Question 8

Short answer

What did Marx and Engels tell workers in the Communist Manifesto? (page 266)

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