Capitalism Vs Communism
The Ongoing Struggle Between Capitalism and Communism The first ever use of the phrase “command economy” was to describe that of the Nazi economic system. Though, the first successful communist system, or “command economy” was that of the Soviet Union (1922-1991). The Soviet Union’s way of dividing pay equally among all working citizens began to butt heads with the U.S.’s capitalistic, market system. Immediately after the end of World War II came the start of the Cold War. The United States, was out to stop all further spread of communism, but the Soviet Union was out to further increase its political and economic ideology. The key differences between a command system and a market system are defined by what goods and services will be produced, how they will be produced, and who will consume them. There are both positives and negatives in both systems.
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Though, within this system, there are no social classes because everyone makes the same amount no matter the difference in job difficulty or skill requirement. The benefits of a command system offers universal health care, education, and transportation. North Korea, a communist country, uses its central planned economy to build large amounts of military supplies. An economy that uses a command system can quickly mobilize resources to produce whatever the economy
Though, within this system, there are no social classes because everyone makes the same amount no matter the difference in job difficulty or skill requirement. The benefits of a command system offers universal health care, education, and transportation. North Korea, a communist country, uses its central planned economy to build large amounts of military supplies. An economy that uses a command system can quickly mobilize resources to produce whatever the economy