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jessicaglz659
jessicaglz659 jessicaglz659
  • 10-12-2015
  • Social Studies
Answered

The communistic economic system encourages private investment, competition, and profit

Verified Answer :

Neuron
Neuron Neuron
  • 12-12-2015

This is not true. The capitalist, free-market economic system encourages private investment, competition, and profit. This is also the main difference point between capitalism and communism. Communism is more aligned with the idea of sharing equaly and creating an egalitarian society rather than encouraging private investment, competition, and profit.

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