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Oct 27, 2024 · communism, political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society. Communism is thus a form of socialism —a higher and more advanced form ...
Communism is a type of government as well as an economic system (a way of creating and sharing wealth). In a Communist system, individual people do not own land, factories, or machinery. Instead, the government or the whole community owns these things. Everyone is supposed to share the wealth that they create.
Communism is a political and economic system that seeks to create a classless society in which the major means of production, such as mines and factories, are owned and controlled by the public. There is no government or private property or currency, and the wealth is divided among citizens equally or according to individual need.
Communism is an idea in politics that wants a world without social classes and private property. Learn about the history, thinkers, and disputes of communism from this article.
Jul 27, 2024 · Communism is a social and political ideology that strives to create a classless society in which all property and wealth are communally owned, instead of owned by individuals. The ideology of communism was developed by Karl Marx and Friedrich Engels in 1848. A true communist society is the opposite of a capitalist society, which relies on ...
- Robert Longley
Communism is a political and economic ideology that advocates common ownership and control of resources and the elimination of private property. Learn more about the history, examples, and differences of communism and socialism from Merriam-Webster dictionary.
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Communism is a political and economic system in which the major productive resources in a society—such as mines, factories, and farms—are owned by the public or the state, and wealth is divided among citizens equally or according to individual need. In its most common usage, the term communism refers to the type of ideal society envisioned ...