Communism is a political and economic theory that proposes the replacement of private property and a profit-based market with government control and communal administration of the main means of production. In communism, the government owns all the factors of production: labor, entrepreneurship, capital goods, and natural resources.
The Mayflower Compact is often cited as one of the foundations of the US Constitution. The Pilgrims in England received a land patent from the Virginia Company and created their own joint-stock company for the enterprise. <span> </span>
