Communism vs.

Capitalism SSWG6f Analyze the impact of geography

on Russia in terms of population distribution, trade, and involvement in

European affairs.

Capitalism Communism

• Found mostly in industrialized nations (Japan, US, most of Europe)

• Found mostly in less developed countries with big agricultural sectors (China, Cuba, North Korea etc.)

Capitalism Communism

• Usually associated with a democratic government

• Usually associated with an autocratic or oligarchic government

Capitalism Communism

• Allows people to make as much money as possible.

• The intention is for everyone in society to be as equal as possible.

Capitalism Communism

• Gives more choices in marketplace

• Gives fewer choices in marketplace

Capitalism Communism

• Bigger opportunity for luxury items

• Basic needs only

Capitalism Communism

• Much more freedom to choose your job and therefore make the money you want

• Government has some say in your job choice but you end up with relatively equal pay anyway

Capitalism Communism

• Must pay for healthcare and to some degree education

• Government usually provides healthcare (usually low quality), and provides for education.

Capitalism Communism

• Prices change with the market and can sometimes be very high

• Since prices are set by the government, they are relatively stable and affordable

End Assignment

• Which one is better?

• Three reasons why it is better.

• At least one positive thing about the view you didn’t choose.