Wednesday, May 6, 2020

Public Services Funded By Taxpayer Money - 908 Words

Through my online class, I got the chance to learn about socialism, communism and capitalism. They are all different from each other even though there are some similar stuff between them there is a little thing that distinguishes each one from each other. In this paper, I will go through each term and how each and everyone is different from each other. First of all Socialism is a system of society in which the means of production are owned and controlled by the state. It mostly relies on governmental planning, preferably than the marketplace, to spread resources. Although it is possible for individuals living in a socialist country to own businesses or offer professional services directly to buyers, they are usually taxed heavily on their profits. There are typically many public services funded by taxpayer money. The citizens are expected to work, but the government provides services such as education, healthcare, and public transportation for free or at very low cost. Socialist countries also usually have large social welfare systems to support the unemployed, disabled, and elderly. The second topic is Communism which is economic and political ideology based on communal ownership and the absence of class. It is usually compared as the opposite of the capitalism. The defenders of the communism believe that the working class is exploited by the ruling class, but it is my opinion that this system has failed on each society that has implemented and the government becameShow MoreRelatedShould the Government Fund Public Preschools?1739 Words   |  7 PagesMoney cannot buy happiness, but it can buy education. In this great country of ours, education is not a privilege it is a right. All children are given the opportunity to a free education. An education that should allow them to become high school graduates, 21st Century scholars, and prepare them as leaders to sustain this nation. What happens though when this is not the future for all children? 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