HISTORY
THE INDUSTRIAL REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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everything; including businesses, and property are owned privately.
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everything; including businesses, and property are owned by the public/government.
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the main goal is to make a profit.
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you need to trade in order to get goods you do not have.
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Detailed explanation-1: -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.
Detailed explanation-2: -: a system in which goods are owned in common and are available to all as needed. : a theory advocating elimination of private property.
Detailed explanation-3: -More specifically, in Communism: The government owns all the businesses and properties (the means of production). There is no freedom of speech.
Detailed explanation-4: -A communist economic system is an economic system where, in theory, economic decisions are made by the community as a whole.