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  • Capitalism
  • I want to run my own company by myself
  • Socialism
  • We need the government to take over properties and divide wealth evenly among the people
  • Communism
  • All citizens should equally share economic resources
  • Factory owners didn't want the government to control trade. They believed in the idea of laissez-faire.
  • Marx began to spread ideas in which he thought the government takes an active role in owning property and distributing wealth through welfare, free health care. 
  • The government would create businesses and taxes to share the income among all the citizens. 
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