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Following WW II, how did the economic policies of western capitalist and Soviet communist countries differ from each other

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Answer:

Explanation:Capitalism

System of government is democratic

Property is privately owned

Driven by free enterprise

Wealth distributed unevenly

Education and health care provided by private entities

Freedom of the press Class distinctions: upper class, middle class and working class

Focus is on the individual and his/her own progress in life

Communism

System of government is totalitarian

Property is owned by the state

No free enterprise is allowed

Wealth distributed equally

Education and health care provided by the state

Press controlled and owned by the state

Classless society: all members of society are considered to be equal

Focus is on the progress of the community as a whole

Following this Capitalism and communism have the following opposing sets of ideas:

The ideology of capitalism

People need freedom

When people compete against one another, they achieve greater things

Some people have more than others because they make better use of their abilities

Governments should not interfere with the rights of individuals to make their own living

The government should interfere in the economy as little as possible

The ideology of communism

People need one another

When people work together as equals, they achieve greater things

No-one should have more than anyone else - everybody's needs are equally important

Governments should make sure that everyone's needs are being met

There is central control of the economy

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