• Card 15 / 19: Compare and contrast communism and fascism.

    Answer:
    Communism achieves total government control of the means of production through a workers' violent revolution. Fascism allows citizens to retain nominal ownership of factories, stores, etc., but it heavily regulates them to the point that they are merely following the government's orders. Historically communism focused on international class struggle while fascism tended to be nationalistic and racial. Sample Partial Credit Answer Under communism the government owns everything, but under fascism the government technically allows private owners who have to obey all the government's orders.

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Socialism: The Command Economy

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Attribution:  Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY
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