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## Issues and Events Leading To the 1917 Revolution ### What is Communism? - A potent political and economic ideology where shares are shared equally and production (type of government) as well as an economic system (way of creating and sharing wealth) are controlled and planned by the centralised...

## Issues and Events Leading To the 1917 Revolution ### What is Communism? - A potent political and economic ideology where shares are shared equally and production (type of government) as well as an economic system (way of creating and sharing wealth) are controlled and planned by the centralised organisation. ### 2 Principles: 1. **Goods and Services produced in an economy** are shared publicly. 2. **Goods and Services** are controlled and planned by the centralised organisation. ## **Communism vs Socialism** | Communism | Socialism | | ---------- | ---------- | | **Kind of Capitalism** | **The economic, political, and economic system production (capital [money] used for Common Goods)** | | **No Classes or States** | | | **No private property** | | | **No centralised ownership** | | | **All goods shall be shared equally and be used for food and common goods** | | | | **The wealth of the society shall be shared evenly and everyone in it shall get everything they need** | | | **Centralised organisation think that their interests are better than individual** | | | **The word socialism was used and created in 1800s.** |