Communism has no economy, as it has no money or wages or prices.
A real free market probably doesnβt exist, but market economies rely on production for profit and exploitation of those who really produce the goods and services.
Under capitalism, a small class of capitalists own the resources (land, machinery etc), while most people have to work for a wage. In Communism, the resources belong to everyone and are used to meet human need.
A free-market economy is where people are aloud to open their own buisnesses and earn as much money as they please.
A command economy or communist economy is where the government controls the economy and you are gaurenteed a job but you can't open your own buisness or earn money on your own.
communism is a group were ppl gather and capitalism is subway
What is the difference between the political system and the free enterprise
Capitalism: class ownership, production for sale, wages system, inequality, exploitation, poverty,
Communism: classless stateless society, free access, true democracy.
What is between capitalism and communism
Capitalism and communism - APEX.
capitalism
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Which countries that are under communism , socialism and capitalism
Communism: a classless stateless society based on common ownership and production for use. Fascism: an authoritarian variety of capitalism, with wages system, production for sale and no democratic rights.
Marx talked about the dictatorship of the proletariat as the transition between capitalism and Communism. This just meant the working class taking temporary control of the state and using it as part of the changeover to a classless society.
Classical capitalism
Socialism is not a compromise between capitalism and communism, it is a distinct economic system and mode of production. A "mixed economy" is often cited as being a compromise between socialism and capitalism, but in practice most mixed economies are interventionist capitalist economies.
Capitalism
No. Capitalism developed from the preceding mercantilist system. Communism (classless stateless society based on production for use) will follow capitalism.
Captilism is about only recieving what you you give to your country. while communism states that everyone is equal so everybody gets anequal reward regardless how long you work or your proffesion
Russian communism was based on the middle class working man. Since the Chinese did not have a working middle class it was a communism based on the peasant class Russian a democracy now Actually Russia is spelt Russia not Russian and they are not a Democratic State they are Socialist which is a form of Marxism.