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Capitalism or communism?

Exercise and reference answers

Left
Capitalism
Items
  1. Item
    Private ownership
    Answer
    Capitalism
  2. Item
    Freedom of trade
    Answer
    Capitalism
  3. Item
    State owns firms
    Answer
    Communism
  4. Item
    Owners keep profit
    Answer
    Capitalism
  5. Item
    Right to compete
    Answer
    Capitalism
  6. Item
    Central planning
    Answer
    Communism
  7. Item
    No reward to excel
    Answer
    Communism
  8. Item
    Markets controlled
    Answer
    Communism
Right
Communism
Instructions
Swipe left for capitalism, right for communism.

Explanation

_Source: OpenStax Introduction to Business, section 1.3 How Business and Economics Work_
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