Capitalism/Communism

Front

The Government controls all businesses and production.

Back

Communism

Front

The State/Government regulates the prices of goods and services. What is this system called? Options: Capitalism, Communism

Back

Communism

Front

The Government is more hands-off and does not play a role in businesses.

Back

Capitalism

Front

The Government plays a more active role in the economy.

Back

Communism

Front

There is no privately owned land.

Back

Communism

Front

There are social classes (upper, middle, lower) based on income. What economic system does this describe?

Back

Capitalism

Front

No social classes. All are equal (a classless society).

Back

Communism

Front

Property is owned by private individuals

Back

Capitalism

Front

People will profit based on their work. Options: Capitalism, Communism

Back

Capitalism

Front

Profit is distributed equally so that no one has much more than another.

Back

Communism