what type of economy does a communist country have
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- The modern Communist countries are Cuba, North Korea, Vietnam and China And Laos One of the countries which currently has a Communist government is the people's republic of … China. communist economy is one of the three types of economic system. The two others are the capitalism economy and the mixed economy. The communist economy is also known as the … planned economy.
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Communist Countries During the Cold War Pro-Soviet Communist Countries. Communist countries which more or less openly sympathised with the Soviet Union during the Cold War were: Cuba, Nicaragua, Vietnam, Laos, Cambodia, Mongolia, Angola, Benin, Ethiopia, Mozambique, People’s Republic of the Congo and South Yemen.
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Parkinson's disease may start in the gut Researchers at Lund University have previously mapped the spread of Parkinson's in the brain. The disease progression is believed to be driven by a misfolded protein that clumps together and infects neighboring cells.
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Communism At one time, there were many such countries, and it seemed as though communism would win. But communist party governments forgot to use democracy in their governments, a very important part of socialism and communism. Because of this, the governments became separated from the people, making communism difficult.
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- Communist States   The five countries that are usually referred to as Communist (a  type of Socialism) are:    China  Cuba  Vietnam  Laos  North Korea    …  There are disputes as to whether or not certain of these states are  actually socialist in action or only name.
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- Communism is a socioeconomic system structured upon the common ownership of the means of production and characterized by the absence of social classes... This page may be out of date. Save your draft before refreshing this page.
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Economic Systems: Capitalism, Communism, and Socialism Communism. Communism, also known as a command system, is an economic system where the government owns most of the factors of production and decides the allocation of resources and what products and services will be provided.The most important originators of communist doctrine were Karl Marx and Frederick Engels.ommunism. Communism, also known as a command system, is an economic system where the government owns most of the factors of production and decides the allocation of resources and what products and services will be provided.
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- Since the collapse of communism in the late 1980s, countries of the former Soviet Union, and its satellite states, including Poland, Hungary, and Bulgaria sought to embrace market capitalism and abandon central planning. However, most of these transition economies have faced severe difficulties and constraints
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communism By the beginning of the 21st cent. traditional Communist party dictatorships held power only in China, Cuba, Laos, North Korea, and Vietnam. China, Laos, Vietnam, and, to a lesser degree, Cuba have reduced state control of the economy in order to stimulate growth.
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Is China a communist country? Calling China a communist country is akin to calling the United States a democracy only when a Democrat is president. Communist is the name of the ruling party. The Chinese Communist Party (CCP), the world's largest, was founded in Shanghai in the late 1920s, in the period of warlordism that stretched between the fall of the final imperial dynasty and the Japanese invasion.
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- Communism is an ideology and a political and economic system for managing economies and countries. The essence of communism, or its close cousin socialism, is in that all capital or means of production are owned and operated by the society or the government rather than by by individuals as their private property.
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Communism Life in a communist society. In Communism the government controls all aspects of a person’s life. Society as a whole is more important than the individual. The Communist party, as the only party allowed, selects its members and controls all branches of government.enin introduced a number of communist ideas to Russia and led the country until he died in 1924. Farmers had to give up their land, factories were put under government control. In 1922 Russia became the Soviet Union. The Bolsheviks were the only party; all other parties had been banned.
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- Mixed Market Economies. A country that utilizes both types of economic systems has a mixed market economy. In a socialist economy, people have some freedom of choice regarding how they use the factors of production. They can decide what they buy, for whom they work, and what they study in college.
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Socialist  Countries The Socialist Party believes that socialism is an genuine alternative to global capitalism. Capitalism is a society where billionaire capitalists own vast companies, banks, shares, and much of the land as well. Elected governments are bent to the will of the big corporations which the capitalists own.t's impossible to create socialism in one country, surrounded by a world capitalist market. Nonetheless there is an enormous amount that could be achieved by a socialist government after it came to power as part of a transition from capitalism to socialism.
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In a purely capitalist economy, there would be no public schools, no state owned or maintained roads and highways, public works, welfare, unemployment insurance, workers compensation, Social Security benefits etc. Communism and fascism, on the other hand, refer to both economics, governance, and basic moral principles: that is to say they refer to overarching ideas about how people should live (rather than describing how people do business), so they imply a total ideology: a morality, an economy, a government.
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Communism 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 totalitarian regimes in the world have evolved around Communism. In the 20th century millions of people on all continents lived under Communist rule.In 1917 Russia became the first country to turn Communist.enin introduced a number of communist ideas to Russia and led the country until he died in 1924. Farmers had to give up their land, factories were put under government control. In 1922 Russia became the Soviet Union. The Bolsheviks were the only party; all other parties had been banned.
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Examples of socialist economy? Making the world better, one answer at a time. An example of a socialist economy is one in which the government has control over products being produced. China is one example of a socialist economy. Some other examples are Finland, Canada, Sweden, Norway, and the Netherlands.
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Introduction to Economic Systems In a planned system, the government exerts control over the allocation and distribution of all or some goods and services. The system with the highest level of government control is communism. In theory, a communist economy is one in which the government owns all or most enterprises. Central planning by the government dictates which goods or services are produced, how they are produced, and who will receive them.
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communism Communism is often contrasted with capitalism and democracy, though these can be false equivalencies depending on the usage. Capitalism refers to an economic theory in which a society’s means of production are held by private individuals or organizations, not the government, and where prices, distribution of goods, and products are determined by a free market.
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- What kind of economy has a mixture of a market economy and command economy? Former soviet republics, like the much-embattled Ukraine. In a sense all economies have some element of ( Command and Control) from the central government that after all suppl … y the money necessary for exchange- the Bank Of France, Federal Reserve system, etc.
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Do you understand what Communism and Socialism are? Communism is complete public ownership of everything, and creates a universal middle class. From each according to his abilities, to each according to his needs.. Everything is created and owned by the people. The government is truly by, of, and for the people. Communism is complete democracy.
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Descriptions of governments can be based on: In a capitalist or free-market economy, people own their own businesses and property and must buy services for private use, such as healthcare. Socialist governments own many of the larger industries and provide education, health and welfare services while allowing citizens some economic choices. In a communist country, the government owns all businesses and farms and provides its people's healthcare, education and welfare.
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The Five Most Capitalist Countries in The World China is no doubt one of the most capitalist countries in the world, but with a lot of corruptions. China’s capitalism economy is mainly running or controlled by one boss only, the communist party. Remember: the China Communist party isn’t communism, even though they say they’re socialism, you all got this wrong.
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- Capitalism, Socialism, and Communism Definition- Capitalism-Capitalism is an economic system through which businesses are privately owned in order to make a profit. This system follows the laws of Adam Smith, including the law of competition, law of self-interest, and law of supply and demand.
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- Communist countries in the twentieth century included Afghanistan, Albania, Angola, Benin, Bulgaria, Cambodia, Congo, Czechoslovakia, East Germany, Ethiopia, Hungary, Mongolia, Mozambique, Poland, Romania, Somalia, South Yemen, Soviet Union, and Yugoslavia.Today, there are only five communist countries in the world.ommunist countries in the twentieth century included Afghanistan, Albania, Angola, Benin, Bulgaria, Cambodia, Congo, Czechoslovakia, East Germany, Ethiopia, Hungary, Mongolia, Mozambique, Poland, Romania, Somalia, South Yemen, Soviet Union, and Yugoslavia.
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Why fear communism? Vietnam has a communist government.Communism is a social structure in which classes are abolished and property is commonly controlled, as well as a political philosophy and so … cial movement that advocates and aims to create such a society. 3 people found this useful.