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Capitalism Vs Socialism
Capitalism Vs Socialism
Capitalism Vs Socialism
The ability private individuals and firm to accumulate capital and property Supply and demand is determined by how many product there are and how many people want them Class distinctions are diminished. Freedom of religion Positive: Negative: Resources:
www.ushistory.org/gov/13b.asp
Communism Philosophy: free-access to consumption Based on principles, meant correct the problems caused by capitalisms No private ownership of property should be allowed. The government exercises the control in the name of the people. All class distinction are eliminated Religion is abolished Positive: Negative:
http://www.economicshelp.org/dictionary/c/capitalist-economic-system.html http://www.diffen.com/difference/Communism_vs_Socialism