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Capitalism an economic system in which all or most of the means of production are privately owned and operated, and the investment of capital and the production, distribution and prices of commodities (goods and services) are determined mainly in a free market, rath
Socialism state ownership of common property, or state ownership of the means of production.
Communism community ownership of property, with the end goal being complete social equality via economic equality.
Created by: joshelkins
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