Question

What are capitalism, socialism, and communism?

Answer 1

I thinks it is C...Economic and political systems that developed in the 18th and 19th centuries. <span />

Answer 2

The correct answer is C. Economic and political systems that developed in the 18th and 19th centuries.

Explanation:

All capitalism, socialism, and communism are economic and political systems, which means they are related to ideas and principles that define how economy and politics in societies should be. In the case of capitalism, this is based on the idea each individual can own property and goods and therefore are responsible for themselves although there are some regulations. On the other hand, in socialism and communism, the state plays a major role as it owns the means of production although the intervention of state and other aspects differ in both economic and political systems. Additionally, all of these systems emerged ruing the 18th and 19th century mainly due to social changes and philosophers.