Question

what is mean by comnunilism and it's merits and demerits.

Answer 1

The term “communism” was derived from the Latin word meaning “universal” or “common”. As an ideology, it encompasses social, political and economic attributes which aims to create a society of equality devoid of social classes, money and state. Its goal is to provide education and health care to all citizens with an ideology of common ownership. 

Advantages

1. It embodies equality.
2. It makes health care, education and employment accessible to citizens.
3. It does not allow business monopolies.

Disadvantages

1. It hampers personal growth.
2. It dictates on the people.
3. It does not give financial freedom.