What is communism?
What is the difference between communism & capitalism???
Answers
Answer:
decomposition reaction is a reaction in which a compound breaks down into two or more simpler substances. The general form of a decomposition reaction is: AB→A+B. Most decomposition reactions require an input of energy in the form of heat, light, or electricity.
Explanation:
1)The primary point of difference between capitalism and communism is regarding the ownership of 'means of production' or resources in general. Communism shuns private/individual ownership of land or any vital resources. On the other hand, capitalism believes in private ownership of land and means of production.
2)In capitalist economies individuals have the freedom to own their own businesses and keep the majority of the profits. A communist system was a one-party state, with the Communist party ruling on behalf of the people. The West saw itself as upholding a liberal democracy, where freedom and choice is valued.