Light
collapse
Practice Quizzes
AP World History: Modern
Unit 5 – Revolutions (1750-1900)
Topic 5.10
What characteristic distinguishes Karl Marx’s theory of Communism from Adam Smith’s theory of Capitalism?
Marx supported laissez-faire economics, but Smith opposed it.
Both theories encouraged increased governmental control over economic activities.
Adam Smith propagated protectionist policies while Marx was against them.
Marx promoted communal ownership of production means, while Smith advocated for private property rights.
Related content
Practice quizzes
Practice this subject
Practice this unit
Practice this topic
Study guides (1)
AP World History: Modern - 5.10 Continuity and Change in the Industrial Age
Key terms
Adam Smith
Capitalism
Communism
Karl Marx
About Us
About Fiveable
Blog
Careers
Testimonials
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
Report an Issue
Stay Connected
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
About Us
About Fiveable
Blog
Careers
Testimonials
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
Report an Issue
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
Back
Practice Quiz
Guides
Glossary
Guides
Glossary
Next
