Read Chapter 25, Section 4 in your textbook and answer the following questions. Answers should be in blue or black ink or typed and printed.
Due:
Period 7: Monday 2/8
Period 8: Tuesday 2/9
1. Identify the following terms:
a. laissez faire
b. Adam Smith
c. capitalism
d. socialism
e. Karl Marx
f. communism
g. union
h. strike
2. What were Adam Smith's three natural laws of economics?
3. What kind of society did early socialists want?
4. Who counts as a "Proletariat?" How are the proletariat and the bourgeoisie interdependent?
5. How did the growth of unions help workers?
6. What do lower wages for women suggest about their place in industrial society?
