Communism vs. Capitalism

Communism vs. Capitalism
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  • Adam Smith
  • Karl Marx
  • $5000
  • $1000
  • Adam Smith was the Inventor of Capitalism while Karl Marx was the inventor of communism.
  • USSR (Russia)
  • China
  • Communism is where all the people are equal and all of their needs are met by the government. The downside is that you can't make more money or be your max potential.
  • USA
  • France
  • In Capitalism,  you can make and thrive to your full potential, but some people can't do that and will be homeless.
  • Countries like USSR and China adopted Communism. Communism impacted those countries by giving them a new from of government.
  • Countries like the USA, France, and the UK adopted Capitalism. This greatly impacted because it gives these countries many freedoms. Both of the government forms were greatly impacted because of the wars between them both.
  • United Kingdom 
  • This is important to our history class because the cold war was a very major event in history and history tends to repeat itself.
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