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COMMUNISM
− The main disadvantages of such a system are the lack of checks and balances,
which drives regimes to misuse and excesses of power and eventually brings about
disorder and inefficiency.
− Communism does not give financial freedom as the state dictates on the people.
− The government owns all the businesses and properties (the means of production).
− In communist states, the government was responsible for the overall economic
system, public order, foreign relations and defense.
COMMUNIST GOVERNEMENT
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