capitalism vs. socialism worksheet · government should not interfere in the economy because...

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Name ___________________________________ Directions: Read the chart above. Then fill in the chart below. Topic According to….Capitalism According to…Socialism What is the goal of those who believe in this system? What leads to progress? How should people get goods? What role should government have? Who owns property and businesses?

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Page 1: Capitalism vs. Socialism Worksheet · Government should not interfere in the economy because competition creates efficiency in business. Socialism The community or the state should

Name___________________________________

Directions:Readthechartabove.Thenfillinthechartbelow.

Topic Accordingto….Capitalism Accordingto…SocialismWhatisthegoalofthosewhobelieveinthissystem?

Whatleadstoprogress?

Howshouldpeoplegetgoods?

Whatroleshouldgovernmenthave?

Whoownspropertyandbusinesses?

Page 2: Capitalism vs. Socialism Worksheet · Government should not interfere in the economy because competition creates efficiency in business. Socialism The community or the state should

Name___________________________________

Inwhatwaysisthissystemgoodforpeople?

Whatproblemscanthissystemresultin?

Nowconsiderdifferentpeoplein19th-centuryBritainandwhethertheywouldbemostlikelytosupportCapitalismorSocialism,andwhy.

Groupofpeople In19th-centuryBritain,mostlikelytosupportCapitalismorSocialism?

Why?Whatexperienceshavetheyhadthatwouldinfluencetheirbeliefs?Answerin2-3sentences.

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