Capitalism, Socialism And Communism Differences Flashcards
1
Q
What is Capitalisms right of the individual:
A
Virtually unlimited, whether that CAPITAL is tangible or intangible
2
Q
What is Socialisms right of the individual:
A
Somewhat limited, some CAPITAL is NOT a available for INDIVIDUAL control
3
Q
What is Communism right of the individual:
A
Limited/non-existent
4
Q
What is the Capitalist role of the government in the economy
A
Limited\non-existent
5
Q
What is the Socialist role of the government in the economy
A
Limited/manipulative, legislation and tax policy used to SHAPE public behavior
6
Q
What is the Communist role of the government in the economy
A
Potentially total and all encompassing
