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Capitalism and Socialism: Crash Course World History #33 (14:02)

Key Ideas

As this video progresses, key ideas will be introduced to invoke discussion.

Key Ideas

Think about the following questions as you watch the video

  1. 03:04 What’s the difference between mercantile and industrial capitalism?
  2. 05:19 What role did food and agriculture play in the rise of industrial capitalism?
  3. 05:42 How did land ownership change in Britain in this period, and how did this affect labor systems?
  4. 07:02 In what ways is capitalism a “cultural system”?
  5. 07:39 What were some problems with industrial capitalism? What were two different responses to these problems?
  6. 10:23 What two types of socialism were there? How did they differ?
  7. 12:12 According to Marx, what is the significance of conflict and struggle?