Socialism is based on some form of social ownership of the mans of production.
Communism is the next stage of the socialism.
Marxism is a political ideology that calls for central planning of the economy.
Only under a capitalism ideology the economy runs through the private business. This is a free market economy.
Answer: B ) Capitalism
<span>The elections were held on 8th November 1988 and </span>Vice
President George H. W. Bush<span> won
that election becoming the 41st President of the United States of
America.</span> George H. W. Bush professed very
sturdy support for Reaganomics. As it was obvious in his 1988 presidential campaign
when amid that Bush defended the conservative faith when he pronounced:
"Read my lips: No new taxes."
Your answers are correct. A&C.
