This system is often called "collectives". It was one of the prime goals of Vladamir Lenin.
Private Property
Capitalistic Economy... also known as Free-Enterprise
This would be capitalism.
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
The 3 basic economic system models are mixed economy, command economy, and free-market economy. In a mixed economy recourse are owned publicly and privately while in a command economy resources are owned by the government.
government
Communism.
Collective farming or communal farming
Right.
either state farms, consumer farms, corporate owned farms, or family owned farms
It's not just farms - the concept is known as a Cooperative, or Co-Op.
my guess, it is a american owned store. shows no sign of federal government involvement. it appears to be making money.
Hillshire Farms is owned by the Sara Lee Corporation
Most of them are privately owned. Notable exceptions are the oil and electricity industries, which are dominated by government owned companies.
There are several different types of farming systems. There are small farms, which are generally family owned. There are also large, industrial farms, which are owned by corporations and mass produce things like produce and animal meat.
When most of the industry is owned by private individuals, it is called privatization.
Communism affected the people because they basically stole their land, owned EVERYTHING that they owned, and all together this gave the people practically no freedom. For instance, if you were to live here, all of your business that you thought you owned would be owned by the Government. Your home would be owned by the Government, that includes furniture, the home itself, materials, etc. You yourself would pretty much be owned by the Government. Every single property, including factories, farms, EVERYTHING was owned by the Government.