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Communism has no economy, as it has no money or wages or prices.

A real free market probably doesn’t exist, but market economies rely on production for profit and exploitation of those who really produce the goods and services.

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paulbenn

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βˆ™ 2y ago
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paulbenn

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βˆ™ 2y ago

Under capitalism, a small class of capitalists own the resources (land, machinery etc), while most people have to work for a wage. In Communism, the resources belong to everyone and are used to meet human need.

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βˆ™ 12y ago

A free-market economy is where people are aloud to open their own buisnesses and earn as much money as they please.

A command economy or communist economy is where the government controls the economy and you are gaurenteed a job but you can't open your own buisness or earn money on your own.

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βˆ™ 11y ago

communism is a group were ppl gather and capitalism is subway

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βˆ™ 10y ago

What is the difference between the political system and the free enterprise

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paulbenn

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βˆ™ 2y ago

Capitalism: class ownership, production for sale, wages system, inequality, exploitation, poverty,

Communism: classless stateless society, free access, true democracy.

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βˆ™ 6y ago

What is between capitalism and communism

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Q: What is difference between capitalism and communism?
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Can you give an example to show the difference between Capitalism and communism?

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What is the difference between Chinese and Russian communism?

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