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Ch. 2, Sect., 4: "Capitalism & Socialism"

Name: ______________________________
Period: _______
Across
This occurs when there is one buyer and many sellers.
This couple were American citizens, who spied for the USSR and were tried, convicted, and executed for conspiracy to commit espionage.
This book was written by Friedrich Engles and "the father of modern socialism."
This is the capitalist class that owns society's wealth and means of production.
This is a system in which planning, when required, is undertaken by firms, individuals, and elected government representatives.
Down
The term is a metaphor for how, in a free market economy, self-interested individuals operate through a system of mutual interdependence to promote the general benefit of society at large.
This is another term for authoritarian socialism.
This term refers to industrial wage earners, who do not possess capital or property, and must sell their labor to survive.
This type of socialism works within the constitutional framework of a nation to elect socialists to office.
This type of socialism supports revolution as a means to overthrow capitalism and bring about social goals.
This economic system stresses government ownership of the major factors of production and control of the distribution of goods.
This Prussian man was a philosopher and an economist famous for his ideas about capitalism and communism.
This is a situation in which a single company or group owns all or nearly all of the market for a given type of product or service.