Academic Help Online

The central contribution of Karl Marx (1818-1883) to the development of the communist ideology was his belief in the role that economic factors played in political & social change. (Terrill, 2013) People work & are paid according to their abilities & needs. This system the government is in control of everything.
Suppression would be in the hands of the majority rather than the minority. Socialism was established to replace capitalist system. The economic theory of social organization that promotes the means of distribution & manufacture be owed or controlled by the public as a whole. This system helps the poor & needy.
? Karl Marx viewed capitalism as an economic system that exploited the masses. A social system which now exists in all countries of the world. In dealing with this system the means for producing & distributing goods are owed by a small minority of people. These people must sell how they work in return for pay or salary. This system gives people a lot of freedom. http://www.dictionary.com/browse/capitalism
Capitalism is the most efficient because the public can benefit from this if they invest into a new business or buy a house.
I prefer capitalism because you can get rewarded by how much you put in. What I mean by that in if you are hard worker then the fruits of your labor will pay off in the long run. The pursuit of happiness.
In in your own words reply to this in 100 words

Communism is the organization of a society in which the government owns the things that are used transports products ( oil, land, factories, ships, etc) and there is no private owned land.
2. Socialism is a way of organizing a society in which major industries are owned and controlled by the government rather than by the individual people or companies. A system or society where there is no private property, a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done.
3. Capitalism is the organization of an economy so that the things used to transport products ( oil, land, factories, ships, etc) are owned by individual people and companies rather than the government.
4. I believe that Capitalism is more efficient because it allows those who work hard to receive the benefits instead of being forced to share it with those who do not put the work in. Capitalism also allows the citizens to have some control rather than being totally controlled by the government.
5. I prefer to live under Capitalism because if I work hard and long hours then I want to be the one who gains the benefit from it. I believe that if you put in the work and dedication to a certain skill or trade then you should not have to share the benefits with those who do not work hard or even at all.

READ ALSO :   Advantages of Digital Electronics

IN YOUR OWN WORDS REPLY TO THIS WITH 100 WORDS