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Communism vs. Capitalism
SSWG6f Analyze the impact of geography on Russia in terms of population distribution, trade, and involvement in European affairs.
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Capitalism Communism Found mostly in industrialized nations (Japan, US, most of Europe) Found mostly in less developed countries with big agricultural sectors (China, Cuba, North Korea etc.)
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Capitalism Communism Usually associated with a democratic government
Usually associated with an autocratic or oligarchic government
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Capitalism Communism Allows people to make as much money as possible.
The intention is for everyone in society to be as equal as possible.
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Capitalism Communism Gives more choices in marketplace
Gives fewer choices in marketplace
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Capitalism Communism Bigger opportunity for luxury items
Basic needs only
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Capitalism Communism Much more freedom to choose your job and therefore make the money you want Government has some say in your job choice but you end up with relatively equal pay anyway
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Capitalism Communism Government usually provides healthcare (usually low quality), and provides for education. Must pay for healthcare and to some degree education
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Capitalism Communism Prices change with the market and can sometimes be very high Since prices are set by the government, they are relatively stable and affordable
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End Assignment Which one is better? Three reasons why it is better.
At least one positive thing about the view you didn’t choose.
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