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Socialism and Communism are different types of economic systems that consider the fact that all resources in a place should be distributed equally among members and also create a central leadership system that will be controlling and monitoring the economy. However, the differences between...Read More
defense enthusiast, geopolitically and geostrategically sound
I do not think there is any ideal Communist system in existence in the world. Most countries practice these two major economic systems: capitalism (an economic system which include the private ownership of resources or capital, with economic decisions made largely through the operation of a...Read More