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In the United States, we shorten most political arguments into the categories of left or right. Lets explore what left wing and right wing means, and where it comes from. Definition of terms:
Capitalism – An economic system where private businesses and individuals own factories, land, and resources, and produce goods for profit in a market. The government sets some rules but doesn't run the companies.
Socialism – An economic system where the people of the country or the state owns major industries and resources, and the resources of the country aimed aimed at improving people's lives, and meeting their needs rather than making profit for business owners.
Communism – A hypothetical way to organize society where there is no state, no money, no private property, and everyone shares everything according to need, while everyone works according to their ability. No country has ever achieved it; the USSR, China, and Cuba called themselves communist but were/are actually state-controlled socialist systems moving toward (or away from) that goal.
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