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Capitalism and Socialism: Crash Course World History #33

Capitalism and Socialism: Crash Course World History #33

In this video, John Green describes how capitalism and socialism came into being, and the principles that are important to each system.

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. 02:59 How did industrial capitalism change how goods were made and how people worked?
  2. 06:44 What are some cultural values or beliefs that support capitalism?
  3. 07:29 What were some major problems with industrial capitalism in the 1800s?
  4. 08:07 Where did socialism first take place as a set of ideas? What was socialism reacting to?
  5. 12:12 What were Karl Marx’s ideas about capitalism and how to change it?