Capitalism- an economic system and politic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.
Capitalism is a social system based on the principle of individual rights.
Communism- is a revolutionary socialist movement to create a classless and stateless and social order structured upon common ownership of the means of production.
Free Enterprise- Freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation
Free Market- an economic system operating by free competition between private business.
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