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mind map - Coggle Diagram
mind map
capitalism
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pictures
big companies
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big companies: (cooperation like apple, amazon, etc.) represent private ownership and competition.
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stock market
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stocks market: shows how people invest money to grow wealth, a key feature of capitalism.
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definition: An economic system where private individuals or businesses own property and control production for profit.
marxism
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definition: where the working class will eventually overthrow the wealthy owners to create a classless society based on shared resources.
socialism
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define: when the government or the community owns and controls the major industries and resources to promote equality and welfare for
communism
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define: Communism is a political and economic system that attempts to create a completely classless society by eliminating private property and distributing all goods and resources according to individual need.
