Socialism and Workers' Parties

Question 1

Put a check mark next to the statements that are true.

Revolt · Accepted Answer

In a capitalist system, the laws of supply and demand dictate economic decisions.; Marxism calls for workers to own the means of production.; A Marxist would agree that a factory worker should be paid as much as an executive who sits in an office.

Question 2

Which of the following did you include in your answer?

Revolt · Accepted Answer

Response includes at least two sentences discussing the differences between Marxism and capitalism.; Marxism includes a command economy.; Workers own the means of production.; Workers own all property.; Capitalism favors the free market.; In capitalism, business owners receive most of the benefits of a company’s success.

Question 3

Write two sentences explaining how Marxism differs from your understanding of capitalism.

Revolt · Accepted Answer

Answer

Question 4

Why was socialism appealing to urban workers?

Revolt · Accepted Answer

Its goal was to give them control of the means of production.

Question 5

Why did socialist parties form in the United States?

Revolt · Accepted Answer

Labor unions were unable to resolve workers’ issues.

Question 6

Why did some believe that a form of socialism was a solution to the economic divide that existed in the United States during the Gilded Age?

Revolt · Accepted Answer

Answer

Question 7

Using the text from the reading and what you have learned, why do you think Debs does not consider himself to be a “labor leader”?

Revolt · Accepted Answer

Debs worked for other causes besides labor.

Question 8

Place a check mark next to each statement that is true.

Revolt · Accepted Answer

Debs began his career as a labor organizer.; The Socialist Party remains active in the United States today.; Debs was an eloquent speaker who did not view himself as a labor leader.

Question 9

Which of the following did you include in your answer?

Revolt · Accepted Answer

Capitalist practices were putting money into the hands of management and not workers.; A degree of socialism could help resolve workers’ issues.; Socialism might help lessen the economic divide in the United States.

Socialism and Workers' Parties Answers

More from this Course

TRY EDGENUITY HACKS