Communism- the government controls everything. Oil, water, coal/minerals, trees/lumber, land, ag, wild game, solar, wind, and people. They own everything, therefore controlling it. They own all the land, so they control what is grown on it, where the products go, the mineral and oil rights. They decide if the country will use solar or wind power. They distribute the water evenly, same amount for everybody.
Mixed Economy- all of the natural resources can be owned by the government or the people. If a person has oil on their property and owns the mineral rights, they decide what to do with the oil. Same with the government. Water rights can be bought by citizens so they can have as much as they want but they all pay the same rate, thanks to the government.
No comments:
Post a Comment