Write about Communist, Capitalist and Socialist government in detail.
Answers
Communism is a philosophical, social, political, and economic ideology and movement whose goal is the establishment of a communist society, namely a socioeconomic order structured upon the ideas of common ownership of the means of production and the absence of social classes, money, and the state
Socialism is an economic and political system where workers own the general means of production (i. e. farms, factories, tools, and raw materials). This can be achieved through decentralized and direct worker-ownership or centralized state-ownership of the means of production.
a person who has capital especially invested in business industrial capitalists broadly : a person of wealth : plutocrat Charitable organizations often seek help from capitalists. 2 : a person who favors capitalism. capitalist.