• In both systems Robert Owen is credited with their development.
• In both systems the central government owns a significant amount of a country's economic resources.
• In both systems people are compensated based on their needs.
In both systems the goal is to completely eliminate economic class distinctions.
1 answer
The correct similarity between communism and socialism is: In both systems the central government owns a significant amount of a country's economic resources.
Both systems advocate for some level of government control over the economy, although the extent and methods of control vary between the two.
