Capitalism is a country with a free economy were you can have your own business if you want. socialism is were the government has some control over the economy to be able to make the country wealthy. communism is a form of government were the government has complete control over the economy jobs and land.
Capitalism is good because people cando whatever they want but also it can bring down the economy. socialism can be good as well to make your country more wealthy, but people might not be as happy. communism, it will make everyone on the same scale and help make you a powerful country but most of the people will not like it.
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