Question

Communism or capitalism for each statement, you can just say the numbers for either one.

1.)Belief in the private ownership of business

2.)Belief that there should be no private ownership of business

3.)Business owners, not the government, make decisions about what to produce & how much that product will cost.

4.)Government should make all decisions related to what is produced and how much it will cost.

5.)Believes in competition among businesses in which the best/strongest business will survive.

6.)The business property and wealth should be shared equally between all people

7.)The goal of this system is to invest and make money but it creates a gap between rich and poor.

8.)The goal of the system is to redistribute wealth to close the gap between rich and poor.

9.)Prices are determined by the supply and demand of products in the market.

10.)Prices are set by the government.

Answer 1

Step-by-step explanation:

1capitalism 2 communism 3 communism 4 communism 5 capitalism 6 capitalism 7 communism 8 capitalism 9 communism 10 cummunism