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Capitalism vs Socialism

Published on May 11, 2016

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1.

Capitalism vs Socialism

Photo by ** RCB **
2.

Capitalism

Photo by c_ambler
3.

Capitalism

Business is run by the people
Photo by c_ambler
4.

Capitalism Pros
--Quickly adapt to the needs of the people
--Competition creates innovation

Photo by c_ambler
5.

Capitalism Cons

---There are poor people
--Greed business owners can take advantage of workers

Photo by c_ambler
6.

Socialism

Buisiness is run by the government
7.

Socialism

Business is run by the government
8.

Socialism Pros
-Wealth is distributed equally- no poor
-People work because they want to

9.

Socialism Cons
--Government controls property and can abuse power

--With no money incentive, people might not work as hard

10.

Communism

Photo by icantcu
11.

Communism

People work together, without need of a government
Photo by icantcu
12.

Communism Pros
-People get what they need
-There is no property and no need for a government

Photo by icantcu
13.

Communism Cons
-Has never actually worked in a major country before

Photo by icantcu

Robert Green