Question

1. compare capitalism and socialism

	capitalism	socialism/communism
political system (goes along with this economic system)
motivation (goal)
distribution of wealth

Explanation:

In capitalism, private individuals or corporations own the means of production. It often goes with a democratic - market - oriented political system, with the goal of maximizing profit for the owners. Wealth distribution is based on market forces and individual success. In socialism/communism, the means of production are owned by the state or the community. It can be associated with a range of political systems, with the goal of social equality and meeting the needs of all. Wealth is distributed more equally according to need or labor contribution.

Answer:

	Capitalism	Socialism/Communism
Political system (goes along with this economic system)	Often democratic - market - oriented	Varies, can be state - led or community - based
Motivation (Goal)	Maximize profit for owners	Social equality and meeting all needs
Distribution of Wealth	Based on market forces and individual success	More equally according to need or labor contribution