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communism

By:  |  June 16, 2020  |    67 Words
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  1. A social, economic and political idea where all property is owned equally by the community, and everybody contributes and receives resources according to their ability. It its ultimate form, there would be no classes, religion, money, or state.
  2. A communal social and economic system, but everything is owned by the state; often a central and totalitarian state authority will be in charge of distributing property or resources.
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