● Choose a topic for a compare and contrast essay

○ Maybe communism vs. capitalism?

○ Maybe online learning vs. face to face learning?
● Capitalism
○ Free-market economy
○ People determine the price
○ People determine the supply
○ People determine the demand
○ successes and failures (profits) of individuals and companies determine the
allocation of resources
○ G​ives people the freedom to do as they wish, and allows them the opportunities
to work to gain great wealth or to just survive in the society
○ Ideology by philosopher Adam Smith
○ Property is privately owned
● Communism
○ Government economy
○ The government determines the price
○ The government determines the supply
○ The government determines the demand
○ That no private ownership of property should be allowed
○ The government should exercise control in the name of the people
○ The government makes all economic decisions
○ Ideology by Karl Marx
○ Wealth distributed equally!!!
● Similarities
○ Both fought during the Cold War
○ No country has achieved pure communism or capitalism

Categories Capitalism - Subject A Communism - Subject B

Cold War - Similarity

*or use a Venn diagram*