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Title: Economics for English class

Essay Details

Subject: English
Author: Michael M
Date: October 10, 2013
Level:
Grade: A
Length: 3 / 797
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Two such modern systems can be put in this category: Communism, and Socialism. Communism is when the state has full economic control, everyone works for the state, everything is owned by the state, and the state distributes goods. Socialism is when the state controls the manufacturing processes of an economy, and everyone works for and is supported by the state...

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Socialism is when the state controls the manufacturing processes of an economy, and everyone works for and is supported by the state. In Socialism however, individuals can own property. The far left is often popular in poor nations, or in those nations dealing with a failing capitalistic system. No person is supposed to be left behind in a system of the far left, everyone receives a fair share of employment and goods...

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