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9 Cards in this Set
- Front
- Back
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Who ons the Resources in Capitalism?
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resources are run privately owned
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Who owns the resources in socialism?
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Some basic resources are government owned and run, others are privately owned.
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Who owns the resources in communism?
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Resources are owned and run by the government
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how are resources given out in capitalism?
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businesses obtain their own resources so that they can earn profits.
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how are resources given out in socialism?
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the government decides how to give resources to most businesses.
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How are resources given out in Communism?
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The government plans the use of all resources
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What is the governments role in Capitalism
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The government has limited involvement in how businesses are operated.
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What is the governments role in socialism?
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Most businesses are controlled by the government.
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What is the governments role in Communism?
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The government controls all businesses .
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