Asked by Anamari Kolak on Apr 25, 2024

Unlike capitalism, communism:

A) gives individuals the right to decide how to use their capital.
B) is governed by a single person.
C) calls for the workers themselves to organize the economy.
D) operates under market forces.

Communism

A political and economic ideology that aims at creating a classless society in which the means of production are owned and controlled by the community as a whole.

Capitalism

An economic system based on private ownership of the means of production and their operation for profit.

  • Discriminate between the characteristics of market-based economies and those of command-based economies.