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WORK 1

MADDI GARCIA AHEDO

Created on October 29, 2025

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Transcript

WORK 1

Maddi Garcia

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Capitalism

Capitalism is a socioeconomic system besed on private ownership and free market EXAMPLES -Private label cars -Smartphones or electronic devices manufactured by private companies -Fashionable clothing or luxury goods

Communism

Capitalism is a socioeconomic system besed on private ownership and free market EXAMPLES -Production of essential goods organized by the State -Production of heavy infrastructure -Production of social housing or public services managed and offered by the State to serve the general population.