Communism

Question 1

Definition.

Answer 1

An Economic system that believes in collective (group) ownership

• and a planned economy (government makes decisions)
• in which everyone gets according to their needs rather than wants

Question 2

Features of a communist state (benefits)

Answer 2

1.Security

2. basic needs met
3. Everyone would have a job, house, health care, etc.

Question 3

Negatives?

Answer 3

1. Lack of choice
2. No reward for being a better worker
   - or punishment for being a slacker (incentives and consequences).
3. Everyone expected to be the same (lack of focus on individual growth).