Which of the following correctly compares capitalism, socialism, and communism? Capitalism values society collectively, while so
cialism and communism value the market and the individual. Capitalism values the market and the individual, while socialism and communism value society collectively. Capitalism seeks to redistribute wealth, while socialism and communism seek to limit the role of government in economic affairs. Capitalism seeks to limit the role of government in economic affairs, while socialism and communism reject the idea of wealth redistribution.
<span>1) Capitalism values the market and the individual, while socialism and communism value society collectively. Capitalism= Country's trade are owned and controlled by private owners for profit rather than the state. Valuing the market and the individual. Socialism= T</span>he means of production, distribution, and exchange should be owned or regulated by the community as a whole. Valuing Society only and completely. communism= <span>property is publicly owned and each person works and is paid according to their abilities and needs. Valuing community by publicly owned property.</span>
My guess on this question would be : Cold War .During Cold War USSR and USA were investing huge money in defenses and military technology to show each other they are powerful. Though its called Cold 'War' there was no war. There were no fighting. Just show.
