martes, 20 de septiembre de 2011

Ch 12- Economy

There are two types of economic systems: capitalism and socialism.
Capitalism is when the leaders of the economy are the owners of private companies and organizations, and decide themselves where the profit is going to be invested in. Socialism, on the other side, is an economic system in which the profits, the means of production are owned by the whole country, and everyone benefits equally by the profit.

No hay comentarios:

Publicar un comentario