Capitalism (Russia) Socialism (Norway) In a capitalist or free-market economy, people own their own businesses and property and must buy services.

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Capitalism (Russia) Socialism (Norway) In a capitalist or free-market economy, people own their own businesses and property and must buy services for private use, such as healthcare. Own 2 cows and keep profit Socialist governments own many of the larger industries and provide education, health and welfare services while allowing citizens some economic choices Own 2 cows only keep profit from one cow

Communism (Cuba ) MS Campbell is going to go over this tomorrow but would like this in your notebook In a communist country, the government owns all businesses and farms and provides its people's healthcare, education and welfare You care for 2 cows but government takes your profit

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