Communism and Capitalism - Compare and contrast table in GCSE History

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Created by: steviejade01
Created on: 19-04-17 16:09

Communism and Capitalism

Similarities

COMMUNISM-
POLITICS: Only one political party- the Communist Party. No choice. People unable to change their government.
ECONOMY: No private industry or businesses. No private profit. All industry owned by the state for the benefit of everyone.
BELIEFS: Everyone equal. Belief in world revolution, that is, encouraging communism in other countries. Censorship of the media.

Differences

CAPITALISM-
POLITICS: Several parties- voters may choose and change their government.
ECONOMY: Most industry and businesses privately owned.
BELIEFS: Some will be wealthier than others. Spread influence to other countries to encourage trade and investment. Very little censorship of media.

Overall comparison

**This table is not a 'similarities/differences' table. This simply describes both communism and capitalism and essentially, how they differ.**

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