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Froggy Jumps
Froggy Jumps

Capitalism vs communism

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Capitalism vs communism

Froggy Jumps

(1)
Read and identify if they correspond to what you have learned about these economic systems.

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About Froggy Jumps
economics
39 times made

Created by

Andrea Hurtado
Andrea Hurtado
Colombia

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Froggy Jumps

Capitalism vs communismOnline version

Read and identify if they correspond to what you have learned about these economic systems.

by Andrea Hurtado
1

Under capitalism, the means of production are privately owned.

2

Communism promotes private ownership of the means of production.

3

Capitalism is based on competition and the pursuit of individual profit.

4

In a communist system, the state plays an important role in the planning and distribution of resources.

5

In communism, equality of income and wealth is sought among all citizens.

6

In capitalism, prices of goods and services are primarily determined by supply and demand.

7

In communism, there is no concept of social classes.

8

Communism seeks the abolition of private property.

 
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