what is the difference between communism, socialism, and capitalism???
please help.
plz and ty. :)
2007-12-12 07:55:33 · 6 answers · asked by xbrunette1492 2 in Social Science ➔ Economics
oh yeah sorry bout he goegraphy thingy :) uhm i need to know the differences too please!!
2007-12-12 08:02:51 · update #1
i meen not difereces similarities..
2007-12-12 08:03:26 · update #2
Here are some detailed explanations of each:
Communism is a distinct socio-political philosophy that is willing to use violent means to attain its goal of a classless society.
Capitalism is an economic system in which the means of production are all or mostly privately owned and operated for profit, and in which investments, distribution, income, production and pricing of goods and services are determined through the operation of a market economy. It is usually considered to involve the right of individuals and groups of individuals acting as "legal persons" or corporations to trade capital goods, labor, land and money
Socialism is a broad array of ideologies and political movements with the goal of a socio-economic system in which property and the distribution of wealth are subject to control by the community for the purposes of increasing social and economic equality and cooperation.[
2007-12-12 08:03:02 · answer #1 · answered by Winnie The Pooh 3 · 0⤊ 0⤋
First of all the terms don't have anything to do with geography! But I will try to help you :-)
* communism: when a country rules by this kind of system, its BAD! :-) It means the everyone is equal... Its sound good if you say that everyone is equal, but it really goes deep! Everyone, each person of the society, gets the same paycheck at the end of the month! Even if you're a toiletlady, a manager, a CEO, ... Everyone is paid the some price for the labor! As result you have tons of people in society who aren't motivated anymore to work. Why should they work or work hard or harder than the others? everybody gets the same paycheck...
Russia... there situation still isn't OK!
*capitalism... They are really focused on the economy of the country. Every move they make/take is in "the name of economy"!
*socialism... The people of society are really important! Unions have a lot of power and will do everything to give the workers and not workers the best lives they deserve.
2007-12-12 16:03:16 · answer #2 · answered by Anonymous · 0⤊ 0⤋
THis politics by the way.. not geography
communism - An economic system in which capital is owned by private government. Contrasts with capitalism.
Capitalism - An economic system based on the private ownership of the means of production and distribution of goods
socialism - An economic system in which the basic means of production are primarily owned and controlled collectively, usually by government under some system of central planning.
2007-12-12 15:58:58 · answer #3 · answered by Anonymous · 1⤊ 1⤋
Communism is when a system of government controls the economy and when all citizens of that country are equal, and receive equal wages.
Capitalism is when a system of government allows you to govern your own your own income.
Socialism is when it is thought that a countries wealth should belong to the people as a whole.
2007-12-12 16:01:34 · answer #4 · answered by FreezingCold:( 3 · 1⤊ 0⤋
First of all. That's not a geography question.
Secondly, there are MANY MANY differences between those three things. Too many to list here.
2007-12-12 15:58:44 · answer #5 · answered by Anonymous · 0⤊ 0⤋
that's not geography!!!
2007-12-12 15:59:21 · answer #6 · answered by Anonymous · 0⤊ 0⤋