history > Ideology > Flashcards

Ideology Flashcards

(5 cards)

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1
Q

Ideology

A

thoughts and beliefs held in society

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2
Q

Communism and Capitalism

A

the 2 main dominant ideologies in the cold war

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3
Q

Define communism

A

Capital is owned by the state and profits are distributed equally amongst societal members

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4
Q

Define capitalism

A

Capital is owned by individuals and profits are generated for private owners

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5
Q

Define Socialism

A

Capital is owned by individuals and profits are redistributed by taxation and social warfare

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