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CAPITALISM (The Rich Man's Choice) vs SOCIALISM (The Poor Man's Choice)

35,492 views

Practical Wisdom - Interesting Ideas

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (CA)

Speech Time:

98%
  • 7:33 / 7:40

Speech Rate:

  • 195 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

economy

/əˈkänəmē/

adjective noun

offering best value for money. Total of all goods, services and wages in an area.

company

/ˈkəmp(ə)nē/

noun verb

Being with another person rather than alone. associate with.

appreciate

/əˈprēSHēˌāt/

verb

recognize worth of.

whether

/ˈ(h)weT͟Hər/

conjunction

If something will happen or not.

systems

/ˈsistəm/

noun other

set of things working together as parts of mechanism. Sets of organized planned ideas that work together.

capitalism

/ˈkapədlˌizəm/

noun

Economic system where companies own industry.

society

/səˈsīədē/

noun

A group who meet to share values or interests.

questions

/ˈkwesCH(ə)n/

noun other verb

sentence worded or expressed so as to elicit information. Issues or problems you are dealing with. To have or express concerns or uncertainty.

present

/ˈprez(ə)nt/

adjective noun verb

Being in attendance; being there; having turned up. period of time now occurring. To show something to someone who will examine it.

provide

/prəˈvīd/

verb

To make certain something will happen or be done.

conversation

/ˌkänvərˈsāSH(ə)n/

noun

Talking with other people; discussion or chat.

appropriate
adjective verb

Right or suitable for some situation or purpose. To set aside money for a specific later purpose.

socialism

/ˈsōSHəˌlizəm/

noun

political and economic theory of social organization which advocates that means of production.

different

/ˈdif(ə)rənt/

adjective

not same as another or each other.

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