By: Wendy Yeung, Jacqueline Ho,Emily Wong, Maggie Ji The World of Communism By: Wendy Yeung, Jacqueline Ho,Emily Wong, Maggie Ji Edited by Mrs. Neil
What is Communism? Communism - a government where people shared work fairly and were paid equally. The word “Communism” comes from the Latin word “Communis” which means common or belonging to all.
The Goal of Communism Goal: to get rid of social classes and make everything fair for everyone.
USSR (Today Russia) USSR stands for: Union of Soviet Socialist Republics. The USSR was formed in December 1922. The USSR is a Communist party.
The Soviet Union threatened other countries. The USSR successfully “planted” communist governments in European and Asian countries.
Key Points Communism is the government when everything is distributed equally. Dictatorship is the government when a group or one person has control over everyone. U.S.S.R. goal to expand communism to other countries.
Free market Economy
What is a Free market A.K.A – Free enterprise System that lets competition among business determined the price of products
What is a command Economy An economic system in which the government decides what to produce, where to make it, and what price to charge.