Why are communism and capitalism diametrically opposed? (1 point)
Communism relies on bartering, whereas capitalism relies on the exchange of money for goods and services in the free market.
One of the goals of communism is free trade among all its citizens, Whereas governments in capitalist economies prevent free trade.
One of the goals of communism is to eliminate social classes, whereas capitalism leads to significant differences in social classes as well as wealth inequality.
Under communism, goods are produced based on want, whereas goods are produced based on need under capitalism.
One of the goals of communism is to eliminate private ownership of the means of production, whereas capitalism is based on private ownership and profit-driven production.
In communism, the distribution of wealth and resources is intended to be equal among all individuals, whereas capitalism allows for unequal distribution based on market dynamics and individual efforts.
Communism promotes central planning and state control of the economy, whereas capitalism emphasizes a decentralized market system with minimal government intervention.
Communism aims for classless societies, whereas capitalism allows for the existence of multiple social classes and the accumulation of wealth by individuals or groups.
Overall, the fundamental principles and objectives of communism and capitalism are fundamentally different, leading to their opposition and contrasting approaches to economic and social organization.