During the past few centuries, many economic systems arrived and deteriorated. Adam Smith and Karl Marx who are best known for the these 2 economic systems thought that this would revolutionize the economy and it did in a way. To this day, capitalism and communism still stands as the 2 leading economic systems countries use. Both have their ups and downs but these two variations of economy helped shaped this world in there own ways.
<Tab/>True communism depends on human nature being basically altruistic. For communism to work, the members of the society either need to be alt…
