When people during 1950's were asked about Capitalism they thought in United States and when they asked about Communism they thought in Soviet Union. Well this happened during the cold war, where these two countries fought one to another to impose its ideology. On one side of the coin Capitalism is about of economic system characterized by freedom of the market. This means that individuals have freedom with minimal government interference. On the other side Communism promotes and established a society based on common ownership which control the production and property in general.
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