Second, on the ocean, all these other boats were telling t â¦ he Titanic about ice locations when they ignored it. They didn't care. They ended up striking the iceberg on the starboard side of the boat on April 14, 1912.
China is no doubt one of the most capitalist countries in the world, but with a lot of corruptions. Chinaâs capitalism economy is mainly running or controlled by one boss only, the communist party. Remember: the China Communist party isnât communism, even though they say theyâre socialism, you all got this wrong.
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.