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Capitalism, Communism or Socialism? Then explain why

Since the United States has a mixed economy that takes in elements from all sorts of economic systems, examples like public education and public funding for the military and the postal system most closely resemble...

User Mbieren
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Capitalism-an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

Communism-Communism, political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society.

Socialism- a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

Closely resembles socialism because socialism is public
User Midnite
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