Answer :
Final answer:
Capitalism involves private ownership, socialism government ownership, and communism complete government control of productive resources.
Explanation:
Capitalism: Private ownership of productive resources where decisions are made by consumers and businesses, creating more wealth but with uneven distribution. Socialism: Government ownership of resources, with decisions made by public agencies, aiming for more equality but less efficiency. Communism: Complete government ownership of resources and strict control, leading to even distribution but high inefficiency.
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