Economic Systems by Adrianne Smith https://padlet.com/adrianne_smith1/o5uka1q9q1wb Made with depression en-us 2018-09-25 18:45:26 UTC 2026-03-16 21:51:21 UTC hello@padlet.com Socialism adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/285734741 The socioeconomic system n which property and the distribution of wealth are subject to control by the workers]]> 2018-09-25 18:51:26 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/285734741 Marxism/ Communism adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/285734982 These ideas provide fully worked-out theoretical basis for the struggle of the working class to attain a higher form of human society]]> 2018-09-25 18:51:53 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/285734982 Classical Liberal Capitalism adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/285735173 The idea started in the 19th century in response to the Industrial Revolution]]> 2018-09-25 18:52:13 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/285735173 Keynesianism adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/285735428 A theory of total spending in the economy  and its effect on output and inflation used to better understand the Great Depression]]> 2018-09-25 18:52:38 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/285735428 Classical Liberal Capitalism is based off the ideas of Adam Smith, John Locke, Jean-Baptiste Say, Thomas Malthus, and David Ricardo in the 18th century adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/285738918 2018-09-25 18:59:00 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/285738918 Marxism and Communism are based off of the ideas of Karl Marx and Friedrich Engles adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286180229 2018-09-26 17:52:30 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286180229 Socialism is based off of the ideas of Karl Marx adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286180328 2018-09-26 17:52:38 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286180328 Keynsianism is based off of the ideas of John Maynard Keynes adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286180437 2018-09-26 17:52:48 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286180437 Afghanistan adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286221037 2018-09-26 19:02:08 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286221037 Russia adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286221150 2018-09-26 19:02:25 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286221150 China adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286221232 2018-09-26 19:02:35 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286221232 Germany adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286221347 2018-09-26 19:02:49 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/286221347 The government has to run deficits in order to keep people employed when the economy is slower adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287614567 2018-10-01 14:04:38 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287614567 The government’s power is limited to ensure the freedom of the individual, but it will step in to make a huge economical decision adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287616031 2018-10-01 14:06:33 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287616031 Limited the individual’s freedom to ensure economic equality adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287618229 2018-10-01 14:09:39 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287618229 Makes wise investments in order to be financially successful and ensure the welfare of the individuals adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287620002 2018-10-01 14:12:09 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287620002 It gives the individual freedom adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287694789 2018-10-01 15:50:22 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287694789 Everyone is payed equally adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287699063 2018-10-01 15:56:16 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287699063 Everyone produces for themselves adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287700219 2018-10-01 15:58:00 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287700219 The workers are paid more to stay and produce more adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287708581 2018-10-01 16:10:59 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287708581 Everything is up to the individual unless there’s a major economic decision that needs to be made adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287710142 2018-10-01 16:13:25 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287710142 Was made to replace Capitalism and leave everything up to the government instead of the individual adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287711127 2018-10-01 16:14:47 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287711127 Complete freedom adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287714456 2018-10-01 16:19:03 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287714456 Freedom from government involvement adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287715281 2018-10-01 16:20:16 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287715281 Those who satisfy the consumer are rewarded adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287722596 2018-10-01 16:31:18 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287722596 Everyone is paid the exact same despite if they work for it or not adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287723028 2018-10-01 16:31:53 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287723028 It’s not clear if the incentives are right or wrong since the workers in socialism produce for themselves adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287795059 2018-10-01 18:18:06 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287795059 There’s private property since everything is up to the individual instead of the government adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287803523 2018-10-01 18:27:28 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287803523 There’s no private property since the government has control over everything adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287804031 2018-10-01 18:28:14 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287804031 Similar to capitalism there is private property adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287804496 2018-10-01 18:28:55 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287804496 There are no property rights adrianne_smith1 https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287805099 2018-10-01 18:29:54 UTC https://padlet.com/adrianne_smith1/o5uka1q9q1wb/wish/287805099