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13 drag each descriptor to the correct space on the table based on whet…

Question

13
drag each descriptor to the correct space on the table based on whether it fits best in a capitalist system of communist system.
government
supply and demand
government determined
private
capitalism/
free enterprise\tcommunism
prices\t\t
income\tunequal distribution\tredistribution of income
ownership\t\t
values\tindividualism\tcollectivism
economic freedom\tmore\tless

Explanation:

Brief Explanations
  • For capitalism, prices are set by market forces of supply and demand, and property/means of production are privately owned.
  • For communism, prices are controlled and determined by the central government, and property/means of production are owned by the government (public/state ownership).

Answer:

CategoryCapitalism/Free EnterpriseCommunism
Ownershipprivategovernment