Question

different between capitilism and communism?​

Answer 1

Answer:

One of the major differences between capitalism and communism is with regard to the resources or the means of production. In Communism, the community or society solely owns the resources or the means of production. On the other hand, in capitalism, the resources or the means of production lies with a private owner.

Answer 2

CAPITALISM:-

• System of government is democratic.
• Property is privately owned.
• Education and health care provided by private entities.

COMMUNALISM:-

• System of government is totalitarian.
• Property is owned by the state.
• Education and health care provided by the state.

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