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  • Capitalism 
  • Get to work now! There will also be no lunch breaks this week!!
  • Yes Sir. 
  • Socialism 
  • We will give this money to the people who need it more than you do 
  • Communism 
  • Capitalism is a system where private people own businesses.  However, sometimes bosses of companies over work their workers like they did during the Industrial Revolution.  
  • The central government owns and controls parts of the economy. Karl Max started spreading socialist ideas in which he demanded the governemt take over property and factories and divide wealth more evenly among population  
  • This is when the government has total control over its people. There were no classes, everyone was equal.
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