Answer:
1.) In a capitalist economy, production is determined by free market forces such as supply and demand. In a communist economy, the government determines which goods and services get produced and how much is available at any given time.
2.) Communism has a centrally planned economy; it can quickly mobilize economic resources on a large scale, execute massive projects, and create industrial power.
3.) in communism it eliminates the free market from domestic society. That means there are no laws of supply and demand available to set the prices for consumers to pay.
4.) The biggest advantage of capitalism is Consumer choice - Individuals choose what to consume, and this choice leads to more competition and better products and services.
5.) the disadvantage of capitalism is that it perpetuates inequality. While the American dream is that anyone can do anything, the truth is that it takes money to make money.
6.) After the war ended, both the Soviet Union and the U.S. wanted to influence Europe with their systems of government. The Soviet Union influenced Eastern Europe, while the U.S. influenced Western Europe.
