1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nesterboy [21]
2 years ago
12

1. How is capitalism different from socialism and communism?

History
2 answers:
jeka942 years ago
8 0
Capitalism is a system in which goods are made by private businesses, but socialism stresses government control over production. ... Capitalism is a system in which goods are made by private businesses, but socialism stresses government control over production.
iogann1982 [59]2 years ago
3 0

Answer:

One denys, one embraces

Explanation:

Socialism and Communism believe in eqaulity - at the expense of everyone. Communism and Socialism strip people of their basic freedoms, destroy their economy and free market, trade becomes limited, and different things like that. Communism and Socialism always try, and succeed (like Hitler, Stalin, etc), of suppressing conflicting viewpoints, having an expressed opinion on social, political, and/or religious matters, and they will always make the Government the regulating factor on how much you make, the food you can buy, and how much resources you and/or family could have.

Effects of Communism and Socialism: destruction of free enterprise, basic freedoms stripped away, censorship and propagranda on mass displays, gulags, and (mainly) pushing for a massive government overtake. Examples of Communsim destroying the lives of many would be China, Cuba, Russia, and Germany. That was saw mainly when all the conflict began for power, like all the mini wars and then WWI and WWII.

Capitalism is different because it allows for the marketplace of ideas to exist, it allows for the average person (or experienced person) to get a job that he/she could realistically get based upon the skills they have, plus, Capitalism allows for the private entity to have control rather than the state or Government. Example, if you want to start your own business come to a Capitalist Country instead of a Communist Country, why? Because the mass regulation, the don'ts, and how much government intervention would kill your business and have no privacy for you nor your users. The list can go on.

Capitalism is here to serve what the general market wants, doesn't wants, and will expand upon that. It is the complete opposite when referring to Communism and Socialism. Plus, Captialism allows for the intitivate of people rather than government and Capitalism allows the favoriting of the free market.

Communism/Socialism is based upon the Government's planning and will that will have limitations on private control of resources of any kind. Always remember this, when the government is involved much is restricted and poverty rises as the human has no chocie. Whereas Capitalism allows the average human to grow, expand, and flourish in what he/she wants to do in their own life and what they want to achieve. Capitalism is for benefiting people rather than killing the dreams and lively-hood of many.

So, even in this long answer, that is the answer and I hope this helps as this is a brief (but summarizing) answer that will surely help clear things up. If anyone needs more of an answer, I am here or look up Ecomonist Miltion Freedman. Mr. Freedman is one of the greatest economists ever that explain the economy, Capitalism, etc.

You might be interested in
Which of the following is true about the Mayflower Compact?
Katena32 [7]
D: Laws would be established by majority rule
7 0
3 years ago
Read 2 more answers
Type the correct answer in the box. Spell the word correctly. In the early twentieth century, a group of Indian nationalists got
Softa [21]

Answer:

Indian National Congress

Explanation:

5 0
3 years ago
What was a purpose of the compromise of 1850?
zalisa [80]

Answer:

I think its A

Explanation:

hope that helps

4 0
3 years ago
Read 2 more answers
What was a major concern of the smaller states?
zysi [14]
Getting called for war or into the war
7 0
3 years ago
Read 2 more answers
How did framing the Cold War in absolute terms as a battle between freedom and slavery influence Americans’ ability to understan
vaieri [72.5K]
<span>The Cold War was in many ways a very polarized ideological battle. In it capitalism represented the power of the individual, which is integral to the ideas upon which the United States was built, and communism represented equality of outcome for all individuals, an idea based on the power of the state. Because America was founded on freedom from state corruption, communism was seen as a form of complicit slavery to the state. One of the biggest cultural impacts on the United States as a result of these events would be a very strong sense of patriotism, especially in the baby boomer generation. This causes many Americans to see world issues as resultant of an imbalance of cultural freedoms.</span>
5 0
4 years ago
Other questions:
  • For what reason did the US seek to acquire the Hawaiian Islands?
    14·1 answer
  • Hi ppl all over the world plz help me! "Do you work with a specific organization?" "What are some different ways volunteers help
    8·2 answers
  • Which quotation from paragraph 2 directly opposes the idea of absolute Despotism? In Declaration of Independence
    10·2 answers
  • Which of these is not a primary source? A. Diaries B. Letters C. Oral histories or D..text book?
    7·2 answers
  • Which article of the US Construction describes the power of the president?
    11·1 answer
  • in a paragraph, explain how Chaucer’s Canterbury Tales can help a historian better understand the Middle Ages. Support your clai
    9·2 answers
  • Why did the United States become involved in South and Central American affairs? They felt that Latin American ports were of gre
    10·1 answer
  • How was the basic outline of washington dc changed from the way l'enfant originally imagined it?
    7·1 answer
  • This early map of New England was published in 1677.
    14·1 answer
  • Imagine you are living in Boston in 1770. Write a brief letter to the editor of the newspaper about how the Boston Massacre affe
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!