This is a way of organizing a society in which major industries are owned and controlled by the government rather than by the individual people or companies. A system or society where there is no private property, a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done.3. is the organization of an economy so that the things used to transport products ( oil, land, factories, ships, etc) are owned by individual people and companies rather than the government.4. I believe that Capitalism is more efficient because it allows those who work hard to receive the benefits instead of being forced to share it with those who do not put the work in. Capitalism also allows the citizens to have some control rather than being totally controlled by the government. 5. I prefer to live under Capitalism because if I work hard and long hours then I want to be the one who gains the benefit from it. I believe that if you put in the work and dedication to a certain skill or trade then you should not have to share the benefits with those who do not work hard or even at all. IN YOUR OWN WORDS REPLY TO THIS WITH 100 WORDS
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