Compare the systems of communism and socialism and identify a similarity between the two systems?
1. In both systems people are compensated based on their needs.
2. In both systems the goal is completely eliminate economic class distinctions.
3. In both systems Robert Owen is credited with their development.
4. In both systems the central government owns a significant amount of a country's economic resources.
The first statement is accurate. In both communism and socialism, people are compensated based on their needs rather than their level of work or productivity.
The second statement is also true. Both communism and socialism aim to eliminate or greatly diminish economic class distinctions. They strive for more equality and a more equitable distribution of resources and wealth among all members of society.
However, the third statement is incorrect. While Robert Owen, a British social reformer, did play a significant role in the development of socialism, he is not credited with the development of communism. Communism is primarily associated with Karl Marx and Friedrich Engels, who developed the ideology in their famous work, "The Communist Manifesto."
The fourth statement is also accurate. In both communism and socialism, the central government or state owns and controls a significant portion of a country's economic resources. This can include industries, natural resources, and the means of production. The extent of state ownership can vary between different communist and socialist systems, but it generally involves a higher degree of government control compared to other economic systems.