What Governments Are Not Essay -- essays research papers

What Governments argon "Not"     In this essay I will be canvas the three economic systems Communism, Capitalism and socialism and will explain differences and similarities along with illustrations of each system.     Communism is an economic system where the presidency owns and fits the means of mathematical product and distribution. It is also known as a command system because individuals cannot advance others, the government controls all. Capitalism is an economic system where private individuals own and operate the means of production and distribution. People have the freedom to own, choose, compete and name a living but with little or no government help. They have the freedom to own, choose, compete and earn a living. Socialism is a mixed securities industry economic system. The basic means of production is managed and possess by the government, with the cosmos owning and operating many businesses. Cooperation is stresse d over emulation, goals are high standard of living and economic security and high taxes result free health care and education.     In communism the government controls the market while in capitalism private individuals own and control the market. Socialism is a mix of the two because the government owns and controls production but with public owning and operating many businesses. In all three systems the lack of competition hurts the quality of goods and profits go down. So...