Ussr Vs Usa 2 Flashcards
(8 cards)
What is Capitalism?
An economic system characterized by free trading, private ownership of property, and the goal of making as much money as possible.
What are the key features of Capitalism?
Free trading and private ownership of property.
What is Democracy?
A system of government where many political parties exist and there is freedom of speech, protest, movement, and religion.
What is Communism?
An economic and political system where the state controls everything, everyone is paid equally, and the state owns all property.
What are the key features of Communism?
State controls everything, everyone is paid equally, and the state owns everything.
What type of government is associated with Communism?
Dictatorship, where only the Communist Party is allowed.
What freedoms are restricted under Communism?
There is no freedom.
