Wednesday, January 8, 2014

Communism vs. Mixed Economy

So, because a mixed economy could technically be a mixture of any three of these economies, I will be using the U.S. as a reference point for my mixed economy.  When comparing the U.S.  With a communist economy, there are many differences as well as similarities in how they control their natural resources. A true communist nation controls all aspects of their economy with a goal of equality in mind.  Each citizen works equally and is treated equally ( at least that is what they would like it to be) .  In the U.S. the economy seems to be a very equal mixture of all types of economy.  Although, technically we don't control that much of the economy, it is still very much controlled through laws.  So, even though it isn't directly controlled, it is very much indirectly controlled.  This makes it a perfect example for a mixed economy.

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