Explanation:an economic system based on prive ownership of business with the own of making a profit individuals have the right to freedom yo private property,based on a democratic system classes exist
Capatalism is when monetary dividends control the way you live. (In simpler terms its however much money you have is how much you can live off of.) Socialism is when everyone is equal to each other. An example of that would be Fidel Castro he put everyone on just about the same socil status (other than himself of course), Finally communism is when the government controls your entire life pretty much. Since it is a type of dictatorship that's one large difference about it.
