Adam Smith, Karl Marx, Capitalism, Socialism, Communisim

Who is known as the father of modern economics and author of 'The Wealth of Nations'?

Which economic system is based on private ownership of the means of production and the pursuit of profit?

Which economic system is characterized by the government owning and controlling the means of production, aiming for a classless society?

Who believed that capitalism would eventually lead to a proletariat revolution and the establishment of a classless society?

Which economic system is based on the principle of individuals and businesses freely exchanging goods and services in the marketplace?

Which economist believed that competition and the pursuit of self-interest would lead to economic prosperity?

Which economic system envisions a stateless, classless society where all property is collectively owned?

Who believed in a classless society where all property is owned collectively?

Which economic system promotes private ownership of businesses and minimal government intervention?

In which economic system do the means of production belong to the community as a whole?

Which economic system is based on the belief that wealth and resources should be evenly distributed among all members of society?

Which economic system advocates for the government ownership of major industries and the redistribution of wealth?

Which economic system advocates for a centralized government that plans and controls the economy?

Which economic system emphasizes the importance of social welfare programs and reducing income inequality?

Which economic system is characterized by competition, supply and demand, and profit motive?