0
In a communist society, the concept of personal income is fundamentally different from capitalist systems. Ideally, wages are determined by the state based on the needs of the community and the principle of "from each according to his ability, to each according to his needs." This means that income may be more equitable, with less emphasis on individual wealth accumulation. However, in practice, many communist societies have faced challenges, leading to variations in income distribution and economic disparities.
What else can I help you with?
Which is generally a characteristic of a communist economy?
Generally, a communist country is characterized by an economy in which the owners of businesses do not own their means of production. In a communist society it is a general practice for the government to regulate businesses and the amount of money that people make.
What is the difference between communist and capitalist?
Communists believe in a classless society while Capitalism has the upper, middle and lower class. In a communist society people make the same wages, making everyone equal. In a capitalistic society people earn different amounts of money. There is yet to be a communist nation anywhere. Communists believe in an equal distribution of wealth, in which everyone has the same amount of money, however, Capitalism varies in distribution of wealth, therefore, is made up of the upper, middle, and lower class.
Why do people make counterfeit money?
Because people want to make money without all the responsibility.
Is a reform for education a social or economic reform?
It can be both a social and an economic reform. It can be social because people make up society and the level of educated people in society has effect on it. Also, it can be economic because the more a person's level of education affects the type of job he/she gets and how much money he/she makes.
Can people make money by recycling aluminum?
Yes.
Which is generally a characteristic of a communist economy?
Generally, a communist country is characterized by an economy in which the owners of businesses do not own their means of production. In a communist society it is a general practice for the government to regulate businesses and the amount of money that people make.
How did Richard branson make money?
by being a communist
What does business and society do for people?
A business offers a service. When society exists with businesses, the business can hire people to earn money. People are needed in business so that the business can make money to pay employees. Society needs businesses to purchase goods.
What does a communist government control?
The People
What is the difference between communist and capitalist?
Communists believe in a classless society while Capitalism has the upper, middle and lower class. In a communist society people make the same wages, making everyone equal. In a capitalistic society people earn different amounts of money. There is yet to be a communist nation anywhere. Communists believe in an equal distribution of wealth, in which everyone has the same amount of money, however, Capitalism varies in distribution of wealth, therefore, is made up of the upper, middle, and lower class.
What are some benefits of zakat?
make the poor people have money so this make stabilization and balance in the society . decrease the feeling of love of the money for the reach people so love the dunya"life" will decrease .
How does the terms pluralistic and consensus both apply to american society?
America is a pluralistic society in theory but in reality the people with money are influential and those without it make due. The consensus is represented by the media which is sponsored by those with money.
How can you make lots of money on pet society?
Earn it
How does the society in Nigeria make money?
They pee on trees
How is economics as a social science relevant to the society?
Economics will tell you what kind of industries make money for the people of an area and the area as a whole.
How does a communist country make money?
By taking from the rich until the country has all the wealth. A communist country does not make money, it feeds on the labor of its people. It does not need to make money because there are only a few countries that will sell them anything. So forget about imported goods. Because a communist government owns all businesses, banks, hospitals, farms, schools, etc. They may take as much wealth as they like because it is to help the people (victims). The citizens work just hard enough not to be punished (or worse). Good news though, no more performance reviews!-because there will be no raises. Keep them hungry so that the everyone depends on the government. Government holds all wealth except what people can hide from them.
What makes a powerful country?
whem group of people from together make power among then that make a better society
