Lapsanky-Werner et al. 347 Free Trade in the

Industrial Revolution 195-208

• Communism began around the time of the 19th century.
• Communism began in Russia, Europe,and later traveled to other countries.
• Communism is an economic-political philosphy founded by Karl Marx and Friedrich Engels and others.

• Marx and Engel thought of the communism thought to keep the people in line which sometimes lead to a civil war. 

Lapsanky-Werner et al. 347 Free Trade in the

Industrial Revolution 372-378

•  In the early 1920's, directly right after World War 1 had ended the United States became scared of the communist people since they had became involved in World War 1 by trying to stop Germany from bombing our ships that were sending supplies to England.
• In the 1919-1920 the United States government took people's personal rights away from them by using unlawful actions against foreigners and others.
• Americans feared communism that is exactly the reason why foeigners personal right's were restricted. 

Lapsanky-Werner et al. 347 Free Trade in the

Industrial Revolution 32-39

• The master plan is broken down into shorter-term plans to convert the goals into actionable objectives. 
• the Incan empire in 16th century Peru, the Mormons in 19th century Utah, and even the United States during World War II mobilization.

Lapsanky-Werner et al. 347 Free Trade in the

Industrial Revolution 43-47

• Businesses follow the plan's production and hiring targets instead of responding to the free market.
• Social priorities, such as mobilizing for war or generating robust economic growth.
• A five-year plan to set the overriding economic and societal goals.

Lapsanky-Werner et al. 347 Free Trade in the

Industrial Revolution 44-50

• The previous leadership is disbanded, exiled, or executed.
• All the workers were assigned new jobs according to the government's assessment of their skills. 
• They often develop a shadow economy, or black market, to buy and sell the things the command economy isn't producing.

Lapsanky-Werner et al. 347 Free Trade in the

Industrial Revolution 45-69

• Often produce too much of one thing and not enough of another.
• They often develop a shadow economy, or black market, to buy and sell the things the command economy isn't producing. 

Lapsanky-Werner et al. 347 Free Trade in the

Industrial Revolution 56-78

• After World War II, President KIM Il Sung created the world's most centrally planned economy.
• Most state resources go into building up the military. 
• It was also the longest running, lasting from the 1930s until the late 1980s.

Lapsanky-Werner et al. 347 Free Trade in the

Industrial Revolution 17-88

• Centrally planned economies existed long before then.
• The bureaucracy, owing to its conditions of life, aspired to ownership of the means of production, but was excluded from this by Soviet law.

Lapsanky-Werner et al. 347 Free Trade in the

Industrial Revolution 273-382

• Because capitalism was illegal in the USSR, 'primitive accumulation' took the form of organised crime.
• The only means by which the growth of the “black market”, the harbinger of counter-revolution, can be suppressed.

Lapsanky-Werner et al. 347 Free Trade in the

Industrial Revolution 34-67

• To the extent that the bureaucratic “command economy” failed to deliver.
• Each individual capitalist enterprise acted as an independent agent within an environment which was more or less planned.