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What describes a difference between communist and free economic systems?
Wiki User
∙ 6y ago
Communism controls all sectors of the economy while free market does what is sounds like it lets all sectors move and work at will.
Wiki User
∙ 6y ago
In a communist economic system, the government owns and controls all means of production and distribution, while in a free market economy, these are owned and controlled by individuals and private corporations. Communism aims for equal distribution of wealth among all citizens, whereas a free market system promotes competition and allows for varying levels of wealth accumulation.
paulbenn
Communism has no economic system, as it has no money or wages or prices. Goods and services are produced to meet human need, and people have free access.
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communist
Which economic principle is described as an advanced form of socialism that complete eliminates the difference between the classes and is enforced by authoritarian government with only partial success?
communist
Which economic principle is described as an advanced form of socialism that completely eliminates the difference between the classes and is enforced by authoritarian governments with only partial succ?
communist
What Economic principle is described as an advanced form of socialism that completely eliminates the difference between the classes and is enforced by authoritarian governments with only partial such?
My god, its communist!
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