Do now: NYC has many billionaires living in fancy apartments & has homeless people living on the streets. Does this make our society unfair? Explain your answer in FULL SENTENCES Communism – an economic system in which the means of production are owned by the government Capitalism – an economic system based upon private ownership of business Bourgeoisie [boor-zhwah-zee] – wealthy business owners Proletariat [proh-li-tair-ee-uht] – working class people Origin: Based on the writings of Karl Marx’s book, Das Capital , written in 1843 Basic Beliefs: 1 – Private individuals are too greedy & exploit (too take advantage of) their workers, therefore no one owns business. The government owns all means of production & treats all workers fairly. 2 – private businesses must be violently taken away from owners, if they resist they will be killed. 3 – The government must control all aspects of society. Religion is to be banned, individual rights are taken away in order to build a peaceful & orderly society. Use the information from the notes to answer the 4 DBQs using FULL SENTENCES Document 3: you are to choose either COMMUNISM or CAPITALISM for each statement & explain if you agree or disagree What are some positives aspects about communism? What are some negative aspects about communism?