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Socialism vs. Communism. What is the difference between them?. Socialism vs. Communism. Socialism. Communism. Main Entry: so·cial·ism Pronunciation: sō-shə-li-zəm Function: noun Date: 1837
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Socialism vs. Communism What is the difference between them?
Socialism vs. Communism Socialism Communism Main Entry: so·cial·ism Pronunciation: \sō-shə-li-zəm\ Function: noun Date: 1837 1: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods Main Entry: com·mu·nism Pronunciation: \käm-yə-ni-zəm, -yü-\ Function: noun Etymology: French communisme, from commun common Date: 1840 1 a: a theory advocating elimination of private property b: a system in which goods are owned in common and are available to all as needed.
Socialism vs. Communism Socialism Communism • Tend to prevent capitalism. Economic System Hard-work A lot of people to influence the economy Large amount of people and large countries. Both Economic and Political systems. Distribution of goods based on the individuals’ needs Small amount of people