Oftentimes individuals view communism and fascism as drastically different. However‚ the two political ideologies are quite similar when compared. In both of these political systems‚ there is one group or individual who controls a nation. Communism is a far-left form of government. Individuals do not own land‚ factories‚ or property. The government possesses all property and it is shared by the public. Wealth is shared‚ and everyone is viewed as equal to one another. With communism‚ the collective good
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Australia’s response to the threat of communism Communism is a system of social organization in which all economic and social activity is controlled by a totalitarian state dominated by a single and self-perpetuating political party. In theory‚ under communism‚ all means of production are owned in common‚ rather than by individuals. In practice‚ a single authoritarian party controls both the political and economic systems. ‘During the Cold War period Australia responded in various ways to the
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Double Taxation Double Taxation: Depending on what special rights and restrictions are attached to the shares‚ and how the profits of the corporation are paid out to the shareholders‚ there is the possibility of double taxation: the corporation must pay taxes on its profits and the shareholder may be subject to taxation on the profits paid out. This can result in greater taxation than if a corporation was not used for the business. C corporations pay taxes on profits when corporate income is distributed
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Communist Threat Essay Australia responded to the threat of communism both internally and externally. Australia responded to various external threats during the 1950’s. The first threat was the Korean War in 1950 to 1953. Following 1945‚ Korea had been divided into communist North Korea‚ supported by the Soviet Union and later China‚ and non-communist South Korea‚ supported by the United States. North Korea invaded the South‚ and gained control of almost the entire country. Us president Truman
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6 main disadvantages of decentralisation (1) The success of decentralization will depend upon the quality of personnel manning the decentralized units. In those cases where the training‚ experience‚ education etc of the employees are inadequate‚ decentralisation of authority and of decision making would be harmful for the enterprise. There will be wrong decisions‚ confusion‚ contradictions etc. (2) Decentralisation becomes uneconomic and unwieldy unless the organisation is large and strong enough
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“The Korean War was more significant in the spread of the Cold War outside Europe than the Cuban Missile Crisis.” How far do you agree? The years 1950 to 1953 were a period of striving for Korea‚ where the North and South regions were being disputed over by China and USA. The South was supported by USA and the United Nations‚ while the North was backed by China and USSR who were part of the communist fraternity. On the other hand‚ the outbreak of Cuban Missile Crisis in 1962 was the closest the
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matter if it has to deal with moving out‚ moving into a dorm for college‚ or even renting an apartment. A roomate can share your expenses and contribute to your home’s maintenance. However‚ there are many ways in which having a roommate can be at a disadvantage. For example‚ privacy‚ shared space and being unreliable can cause big conflicts. Firstly‚ having a roommate will mean that you will sacrifice some privacy. Some activities that may have been enjoyable while living alone can now become akward
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How can Socialism solve economic problems ? What to produce ? In socialism‚ planning authorities decided what to produced. The Central Planning Authority or the government will collect detailed statistics on the resource availability in the country and link it with national priorities. If the planning authorities or government feels that the nation needs more computer for current and future consumption‚ more resources will be allocated for the production of computers over other products. Furthermore
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vacations‚ less hours‚ and more employee benefits‚ but capitalism prevails. A Marxist society would have no private property rights and goods produced in it. It would be distributed among the citizens. The U.S. is taking baby steps on controlling socialism. Socialism creates more equality than capitalism and it tends to result in fewer inventions. I would
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Australian Government respond to the threat of communism both at home and overseas?” With the conclusion of World War II in 1945‚ the world was left divided between two different political beliefs of the communist Soviet Union and the capitalist and democratic United States. The rivalry between these two superpowers‚ known as the Cold War‚ threatened Australia’s peace & security‚ therefore the Australian Government was forced to respond to the threat of communism both at home & off its shores. The Australian
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