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Published bySilas Reed Modified over 5 years ago
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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
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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.
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The Goal of Communism Goal: to get rid of social classes and make everything fair for everyone.
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USSR (Today Russia) USSR stands for: Union of Soviet Socialist Republics. The USSR was formed in December 1922. The USSR is a Communist party.
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The Soviet Union threatened other countries. The USSR successfully “planted” communist governments in European and Asian countries.
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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.
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Free market Economy
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What is a Free market A.K.A – Free enterprise
System that lets competition among business determined the price of products
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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.
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