industried+revolution

Communism: communism is a social structure in which, theoretically, classes are abolished and property is commonly controlled, as well as a political philosophy and social movement that advocates and aims to create such a society. Socialsim: Socialism refers to the various theories of economic organization which advocate either public or direct worker ownership and administration of the means of production and allocation of resources. Capitalism: **Capitalism** is an [|economic system] in which the [|means of production] are [|privately] [|owned] and operated for a private [|profit]; decisions regarding supply, demand, price, distribution, and investments are made by private actors in the [|market] rather than by [|central planning] by the government; profit is distributed to owners who invest in [|businesses], and wages are paid to workers employed by businesses and companies. what is the different between Communism, Socialism, and Capitalism? Communism is a system with a totalitarian ruler in control. However this is the exact opposite of true Communism. True Communism is a system in wich people have total control over their government. This does include redistribution of wealth and total government control over all economics. No country has ever been pure Communist, so to say it has never worked is true, however it has also never failed. In order for it to work it must be voluntary and not forced upon the people or workers.