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7 November, 05:13

Which describes a Similarly between capitalism and communism

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  1. 7 November, 07:25
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    There is a similarity between communism and capitalism.

    Explanation:

    One of the important similarity between communism and capitalism is both consider human beings as economic units. Like Marx all Communists believed that each person could be described by the forces of production and the role that person played in the economic system. How a man participates in the system to earn his living are defined by his social, political aspects.

    Similarly, capitalism also looks human beings as economic units. A man is motivated by self-interest and wishes to earn more wealth. Thus, he plays a role in strengthening the economic system.
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