Capitalism vs. Communism

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12 Terms

1
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Communism

Government ownership of Industry

2
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Capitalism

Survivor of the fittest

3
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Capitalism

Creates different economic classes

4
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Capitalism

Laissez-faire government

5
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Communism

total control of people's lives

6
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Capitalism

Private ownership of industry

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Communism

No freedom of press or speech

8
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Communism

Classless Society

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Capitalism

Stresses the need for people to do things on their own

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Communism

Bring economic equality to all

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Capitalism

competition, get to the highest level of power

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Communism

all people get same, EQUAL