1. Business
... manage some or all of the extraction of raw materials, manufacturing, communication and transportation. This system is loosely regulated by the government. Finally, communism replaces the operation of a free market almost entirely. Most of the rights enjoyed within the capitalist system are denied and private ownership is prohibited. Business are controlled by state planners and competition is almost completely ... be selling products directly to the public or to an intermediary. Finally, product promotion includes personal selling and promoting the products available, advertising, and d...
- Word Count: 3843
- Approx Pages: 15
- Grade Level: High School