Connect with a community that values knowledge and expertise on IDNLearn.com. Our platform provides detailed and accurate responses from experts, helping you navigate any topic with confidence.
Sagot :
Final answer:
Capitalism involves private ownership, socialism government ownership, and communism complete government control of productive resources.
Explanation:
Capitalism: Private ownership of productive resources where decisions are made by consumers and businesses, creating more wealth but with uneven distribution. Socialism: Government ownership of resources, with decisions made by public agencies, aiming for more equality but less efficiency. Communism: Complete government ownership of resources and strict control, leading to even distribution but high inefficiency.
Learn more about Economic Systems here:
https://brainly.com/question/39861932
Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Trust IDNLearn.com for all your queries. We appreciate your visit and hope to assist you again soon.