Question

Drag each characteristic to the correct location on the table.
Identify each example and feature as either associated with capitalism or communism.

PLEASE HELP ASAPP!!

Answer 1

Capitalism

1. individuals have the right to own property

2. the united states

Communism

1. Russia in 1917

2. the government owns businesses and property

3. a form of socialism

Answer 2

The correct characteristics for the given systems are:

Capitalism :

1. Individuals have the right own property.
2. The United States.

Communism:

1. Russia 1917.
2. The government owns businesses and property.
3. A form of socialism.

What is capitalism?

Capitalism is a form of the economic system. In this kind of system, the government of the country and state have very less or no sources of production. Here, society functions as a capitalist society.

The individuals in the country have the right to own businesses and sources of production unlike in communist countries where the factors of reproduction are controlled by the government and the residents do have the power to own the property.

The United States of America is one of the greatest examples of capitalism. In capitalism, the market is free and not controlled by the government.

Learn more about capitalist society here:

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