Image Source: http://iconbronze.com/Booker%20T%20Washington%20Bronze%20Statue%20Monument.htm. One of the foremost leaders of the African-American community, Booker T. Washington was a great educator and orator who founded the Tuskegee Normal and Industrial Institute in Alabama, now known as the Tuskegee University.
Private property. In a capitalist economy, people have rights to the fruit of their labor and whatever other property they acquire through legal means. Property includes a person's life (we own our own bodies) and liberty as well as physical possessions. Alienable property--possessions--can be sold or leased to others.
A communist economy is one of the three types of economic system. The two others are the capitalism economy and the mixed economy. The communist economy is also known as the â¦ planned economy.In a communist economy, it is fully operated by the government.There are only state owned and controlled businesses. communist economy is one of the three types of economic system. The two others are the capitalism economy and the mixed economy. The communist economy is also known as the â¦ planned economy.