Communism is when an actual ownership is only given to the community as a whole or by the government. Also, it is a social organization in which the government holds all property in common. Basically the government holds all the power of the citizens. Unlike communism democracy has the people make the decision of the leader Examples of this include Cuba when Fidel Castro took over the government of Cuba with the revolution in 1959, North Korea because in 1948, North Korea became a communist country. Also, China when Mao Zedong took control in China in 1949 and named China the People's Republic of China. On the economic side of things, socialism corresponds with communism. Socialism is when the production and wealth of the area is controlled. The community is dealt land, money, etc., as a whole. The people who work share the same “paycheck” as the people who don’t work. This concept is much the same as communism. Examples of this include The country of North Korea is a socialist state, lacking a stock exchange, supporting many social programs, and the economy is state-run. Also, Cuba is an example of a socialist nation because its state economy is run and it lacks a stock
Communism is when an actual ownership is only given to the community as a whole or by the government. Also, it is a social organization in which the government holds all property in common. Basically the government holds all the power of the citizens. Unlike communism democracy has the people make the decision of the leader Examples of this include Cuba when Fidel Castro took over the government of Cuba with the revolution in 1959, North Korea because in 1948, North Korea became a communist country. Also, China when Mao Zedong took control in China in 1949 and named China the People's Republic of China. On the economic side of things, socialism corresponds with communism. Socialism is when the production and wealth of the area is controlled. The community is dealt land, money, etc., as a whole. The people who work share the same “paycheck” as the people who don’t work. This concept is much the same as communism. Examples of this include The country of North Korea is a socialist state, lacking a stock exchange, supporting many social programs, and the economy is state-run. Also, Cuba is an example of a socialist nation because its state economy is run and it lacks a stock