asked 209k views
22 votes
What are the advantages
and disadvantages of communism

asked
User Tom Fast
by
7.9k points

1 Answer

5 votes

Answer:

There is none!

Step-by-step explanation:

In a Communist system, the central authority dictates the means and quantity of production, and places strict rules on businesses.

Since there is no competition amongst firms, each is given the same amount of money and each worker is paid the same, with the same expectations of each.

All businesses are ultimately owned by the government.

Populations tend to be treated homogeneously, meaning that common goals or sets of rules will not apply to different segments of the population and community.

Without a price mechanism, supply and demand are difficult to balance perfectly over time.

If you dont follow them you will die.

answered
User Tabetha
by
8.8k points
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