Beruflich Dokumente
Kultur Dokumente
Communism Socialism
Property owned and Government ownership
shared by the community and operation of major
under a strong central industries, such as health
government. care or communications.
Adopted in early 20th Some private ownership of
century by many nations, industry allowed.
but government-owned
monopolies often suffered
from inefficiency.
Mixed Market Economies
Economic systems that combine features of
private enterprise and planned economies.