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MrMuchimi
3 years ago
13

Differences between communism and capitalism

History
1 answer:
Lelechka [254]3 years ago
8 0

Answer: Communism and capitalism are two economic ideologies in the world that concern the ownership of goods. Communism advocates community ownership of production whereas capitalism advocates private ownership of production. As a result, there are social divisions based on wealth in a capitalist community.

Explanation: Capitalism is an economic system in which the trade and industry of the economy is owned and controlled by private individuals, to make profit. Communism refers to social system in which country's trade and industry are controlled by the community and the share of each individual relies on his ability and needs.

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Farmers in southern Italy were badly affected during this time of unification.

Italian Unification is a term that refers to the historical process that occurred during the 19th century in which the various states of the Italian peninsula were united as a nation.

One of the highlights of this historical process was the union of the southern states with those of the north. This relationship particularly affected southern farmers as the aristocracy and the bourgeoisie became allied to the detriment of small producers.

This process, which seriously affected the farmers of the south, began with the implementation of unequal policies that favored the mercantile societies of the north in privileges.

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Colt1911 [192]
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In what way was the plessy vs Ferguson ruling a reflection of the historial context of the late 19th century?
Marizza181 [45]

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It interpreted racial segregation as acceptable under the equal protection clause at a time when racism was still socially acceptable. ... It challenged southern ideas of white supremacy at a time when northern states were extremely supportive of equal rights for all races.

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What is wealth according to economics sense ?​
ycow [4]

Answer:

Wealth measures the value of all the assets of worth owned by a person, community, company, or country. Wealth is determined by taking the total market value of all physical and intangible assets owned, then removing all debts. Essentially, wealth is the accumulation of scarce resources.

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