Capitalism Vs Socialism

Category: Education

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Capitalism Vs Socialism : 

Capitalism Vs Socialism By AMAR PAL (MBA)

Definition of Socialism : 

Definition of Socialism An economic system in which the basic means of production are primarily owned and controlled collectively, usually by government under some system of central planning. Example:- Cuba, Libya, Saudi Arabia, Iran,North Korea, and Burma.

Definition of Capitalism : 

Definition of Capitalism An economic and social system in which individuals can maximize profits because they own the means of production. Example:- America, Canada,Brazil,Japan ,Sudan, Sweden&Colombia

Slide 4: 

Capitalism Vs. Socialism Ideology Capitalism Socialism Competition Co-operation

Slide 5: 

Capitalism Vs. Socialism Priority Capitalism Socialism Profit Protection of society/Equality

Slide 6: 

Capitalism Vs. Socialism Economy Capitalism Socialism Unregulated Regulated

Slide 7: 

Capitalism Vs. Socialism Property Capitalism Socialism Private Property Government controlled

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