Section 2 Communism Origins of Communism Communism was developed by Karl Marx and Friedrich Engols, They wrote a book called The Comm unis! Manifesto" where they described their ideas, Communism Is a more extreme form of socialism. Morx and Engols beleved that the only way to fix the problems coused by the Industrial Revol tion was for the workers, colled the proletorial,to overthrow the wealthy owners of businesses, known os the bourgeolsie. Chorocteristics of Communisms No Private Ownership: Everything is owned by the community or the government.There are no private businesses or porsonal property related to production. . Government Control The state controls all the factories.mines, land, and machines. Central Planning: The government plans and directs all economic activities, dockling what to produce, how to produce it, and who gets the products. Classless Society: The gool is to croate a society without social classes where everyone works for the common good. Elimination of Income Gaps:Communism aims to eliminate the differences in income between the rich and tho poor. Influence of Karl Marx Karl Marx belloved that capitalism.the economic system where businesses are privatoly owned and operated for profit, croated unfairness and exploitation of workers He argued that the workers should take control of the government and the economy to create a fairer, classless society.According to Marx, this revolution would end the struggle between the "haves"and the "have nots,"loading to equality for all. Communism Questions: 1. Who were the main people behind the development of communism, and what did they believe was necessary to fix the problems coused by the Industrial Revolution? 2. List two main characteristics of communism and explain what they moon. 3. How did Karl Marx believe communism would create a fairer society? Soction 3: Socialism Origins of Sociallsm: Socialism arose from the observation of capitalism's successes and failures Socialists believed that while capitalism was good at creating wealth it often lod to poor working conditions and economic inequality. They thought that the government should take a more active role in managing the economy to ensure fair treatment for everyone. Characteristics of Socialism: Public Ownership: The government owns some important businesses and industries, but there are still private businesses. Planned Economy: The government helps decide what to produce and how to distribute resources, but not as extensively as in communism. Basic Necessities Provided: The government ensures that everyone has access to basic needs like healthcare, aducation, and housing. Equal Opportunity: Socialism aims to provide equal opportunities for all, reducing economic disparities. No Competition: Unlike capitalism socialism reduces competition between businesses to prevent exploitation and ensure fair wages. Influence of Karl Marx and Others: While Karl Marx is closely associated with communism, his Ideas also influenced socialism. Socialists advocate for a system where the government regulates the economy to protect workers and ensure fair distribution of wealth. They believe that by doing so, society can maintain productivity and efficiency while eliminating exploitation and inequality. Socialism Questions: What is one key difference between socialism and communism regarding ownership of businesses? 2.Name two characteristics of socialism and describe how they alm to improve society. 3.How do socialists propose to reduce economic inequality while maintaining some level of private business?