Capitalism is based on competition, one has to win the competition at achieve anything in life . Although its competitive it is made for equality, everyone should have an equal amount. The Capitalist system is supported by many Democrats and is driven by free enterprise. The ways they attempt to meet the needs of people is by, focusing on one person at a time. In a Capitalist system, prices for products are determined by how much supply they have of that product and how much demand it calls for.
Capitalism is successful to many people because they believe "it opens the doors of opportunity to talent and virtue" (Doc 2) The development of Sweden showed how successful capitalism can be. Sweden was one of the top poorest countries in the 1800's, the …show more content…
They're all still meant to have an equal amount, no one should have more. This system is based on the Totalitarian system of government. They attempt to meet the needs of people is by, keeping every citizen equal, they try to keep a powerful community, the citizens are entitled to jobs, and it isn't focused on competition so you can work equally without envy for your coworkers.
Communism is successful because it helps bring economic systems up from major downfalls. For example, in Germany in 1933 when Hitler was elected, it was a communist country. Hitler took Germany out of a depression, he helped the unemployment rat by cutting it less than half. He also increased the number of hours the citizens worked. This led Germany out of a depression and helped the people and the economy