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Yes: people in Communism are free to do worthwhile and rewarding work, and can live comfortably with free access to what has been produced. Under capitalism, the vast majority have to work for an employer and their consumption is limited by their wage.

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paulbenn

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4y ago

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What types of economic systems exist throughout the world today?

capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy


What countries have all communism capitalism and socialism?

Which countries that are under communism , socialism and capitalism


What does Bosnia practice communism socialism or capitalism?

Capitalism


Is capitalism and communism the same and why?

No. Communism in the sense Marx, Engels, Lenin, Trotsky and others have meant it is in almost no way imaginable similar to capitalism, aside from the fact that both are better than the systems that came bfore them. Capitalism is better than feudalism and communism is better than capitalism. Communism in the sense most people mean it, Stalinism, has some more things in common with capitalism, both are very repressive and bureaucratic for example.


Do capitalism and communism have similar views on the ownership of a business and its resources?

No, capitalism and communism have very distinct views about the allocation of resources in a society. Capitalism supports private ownership with the profit motive, deriving additional expansion by accumulating more capital from continual investment. Communism supports social ownership of social resources for the benefit of society, not for profit.

Related Questions

What two ideologies were at the heart of the disagreements between the US and the soviet union during the cold war?

Capitalism and communism - APEX.


What are the alternatives to capitalism and communism?

Some alternatives to capitalism and communism include socialism, anarchism, and various forms of mixed economies. These systems aim to address the shortcomings of capitalism and communism by promoting more equitable distribution of resources and power among individuals and communities.


What types of economic systems exist throughout the world today?

capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy


What countries have all communism capitalism and socialism?

Which countries that are under communism , socialism and capitalism


Which economic system calls for a maximum of collective ownership?

Classical capitalism


Did capitalism develop from communism?

No. The opposite happened. Karl Marx's critique of capitalism was what started communism.


What does Bosnia practice communism socialism or capitalism?

Capitalism


How is the Chinese government same like Canada's?

because they are both capitalism. well, china was communism but now it is more like socialist capitalism


What is a type of ownership?

Capitalism and communism


This is a theory of government in which a single party controls the economy and production?

That would be state capitalism.


Is capitalism and communism the same and why?

No. Communism in the sense Marx, Engels, Lenin, Trotsky and others have meant it is in almost no way imaginable similar to capitalism, aside from the fact that both are better than the systems that came bfore them. Capitalism is better than feudalism and communism is better than capitalism. Communism in the sense most people mean it, Stalinism, has some more things in common with capitalism, both are very repressive and bureaucratic for example.


Do capitalism and communism have similar views on the ownership of a business and its resources?

No, capitalism and communism have very distinct views about the allocation of resources in a society. Capitalism supports private ownership with the profit motive, deriving additional expansion by accumulating more capital from continual investment. Communism supports social ownership of social resources for the benefit of society, not for profit.