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Task 3: Identify and explain a similarity or difference between business ownership in capitalism, socialism, and communism. Be sure to include evidence from the chart in your response.

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Answer:

read below

Explanation:

capitalism = things like railways are owned by the government. people are put into classes: working class, middle class etc

socialism = things like railways are owned by the public and jobs are more equally payed

communism = socialism but more extreme. all jobs have similair pay (doctors will get payed around the same as shopkeepers)

Answer:

Explanation:

capitalism = things like railways are owned by the government. people are put into classes: working class, middle class etc

socialism = things like railways are owned by the public and jobs are more equally payed

communism = socialism but more extreme. all jobs have similair pay (doctors will get payed around the same as shopkeepers)

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