In political and social sciences, communism is a social, political, and economic
ideology and movement whose ultimate goal is the establishment of the ...
Learn more about the communist economic system in the Boundless open
The Encyclopaedia Britannica states that communism is an economic system in
which private ownership of property and profit-based capitalism are replaced by ...
In a Communist economy, the government owns most of the means of production
and will determine the allocation and provision of resources, products and ...
Noun, 1. communist economy - the managed economy of a communist state.
managed economy - a non-market economy in which government intervention is
Definition of communism: Economic and social system in which all (or nearly all)
property and resources are collectively owned by a classless society and not by ...
Oct 2, 2014 ... A: Communism and socialism are economic and political structures that promote
equality and seek to eliminate social classes. Sometimes, the ...
Communism is an economic theory that produces "from each according to ability"
and distributes "to each according to need." Pros,cons,examples.
Socialism and communism are alternative economic systems to capitalism. In this
lesson, you'll learn some of the key concepts behind these economic...
Communism is a political and economic system in which the government owns
land and goods. Everybody must share their wealth with others. A few of the most