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    Graphic Organizer Sample

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    The document compares and contrasts the key aspects of capitalism and communism. Capitalism is defined as a private, profit-based economic system, while communism aims to replace private property with public ownership. Capitalism is represented by the United States in the post-WWII era, while communism is represented by the Soviet Union. Under capitalism, private individuals own production and create wealth, while under communism the government owns production and distributes wealth based on needs. Adam Smith and Karl Marx are credited with originating the ideologies of capitalism and communism respectively.

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    Graphic Organizer Sample

    Uploaded by

    api-481264835
    42 views1 page
    The document compares and contrasts the key aspects of capitalism and communism. Capitalism is defined as a private, profit-based economic system, while communism aims to replace private property with public ownership. Capitalism is represented by the United States in the post-WWII era, while communism is represented by the Soviet Union. Under capitalism, private individuals own production and create wealth, while under communism the government owns production and distributes wealth based on needs. Adam Smith and Karl Marx are credited with originating the ideologies of capitalism and communism respectively.

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    graphic organizer sample

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    The document compares and contrasts the key aspects of capitalism and communism. Capitalism is defined as a private, profit-based economic system, while communism aims to replace private property with public ownership. Capitalism is represented by the United States in the post-WWII era, while communism is represented by the Soviet Union. Under capitalism, private individuals own production and create wealth, while under communism the government owns production and distributes wealth based on needs. Adam Smith and Karl Marx are credited with originating the ideologies of capitalism and communism respectively.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    42 views1 page

    Graphic Organizer Sample

    Uploaded by

    api-481264835
    The document compares and contrasts the key aspects of capitalism and communism. Capitalism is defined as a private, profit-based economic system, while communism aims to replace private property with public ownership. Capitalism is represented by the United States in the post-WWII era, while communism is represented by the Soviet Union. Under capitalism, private individuals own production and create wealth, while under communism the government owns production and distributes wealth based on needs. Adam Smith and Karl Marx are credited with originating the ideologies of capitalism and communism respectively.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Capitalism vs.

    Communism (Sample)

    Categories
    Capitalism Communism
    Definition Economic and political Political and economic
    system in which a country’s doctrine that aims to replace
    trade and industry are private property and a profit-
    controlled by private owners based economy with public
    for profit (Oxford) ownership and communal
    control of at least the major
    means of production and the
    natural resources of a society
    (Britannica)
    Country in Post-WWII Era
    United States Soviet Union
    Representing Ideology

    Owner and Distribution of Private individuals own Government owns means of


    Wealth means of production and production and distributes
    must work for themselves to wealth based on needs and
    create wealth ability

    Person (and Their Book)


    Adam Smith Karl Marx
    Credited with Ideology’s Wealth of Nations The Communist Manifesto
    Inception

    System of Government Democratic Totalitarian


    Associated with Ideology

    List 5 Opposing Sets of 1. Promotes 1. Promotes collectivism


    Ideas for Each Ideology individualism 2. Classless society
    2. Society of classes 3. Belief that working as
    3. Belief that equals leads to greater
    competition leads to work and success
    greater work and 4. Government-
    success controlled market
    4. Free and competitive 5. Government-owned
    market and controlled press
    5. Freedom of the press

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