Capitalism-An economic system that is based on private ownership of the means of productive and the productive of goods or services for profit.
Communism- is a revolutionary socialist movement to create a classlessand stateless social order structured uponcommon ownership of the means of production, as well as a social, politicaland economic ideology that aims at the establishment of this social order
Free enterprise- The free enterprise movement started in the 1700s, when many individuals were restricted from starting and owning their own business without the permission of the government. The movement looked to reduce ownership and other related restrictions, such as how one should operate their business and who they were allowed to trade with.
Free market- A free market is a market where the price of a good or service is determined bysupply and demand, rather than by governmental regulation.[1] A free market contrasts with a controlled market or regulated market, where price, supply or demand are subject to regulation or direct control by government. An economy composed entirely of free markets is referred to as a free-market economy.
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