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Question 1: Main differences between political system in capitalism and that in socialism:
BASIS FOR
CAPITALISM SOCIALISM
COMPARISON
BASIS FOR
CAPITALISM SOCIALISM
COMPARISON
Wealth Each individual works for the Equally shared by all the people of
creation of his own wealth the country
Religion Freedom to follow any religion Freedom to follow any religion but
it encourages secularism
Question 2: Vietnam is a socialist country under the leadership of the Vietnam Communist
Party. In many respects, the governments of Vietnam are communist in name only since those
nations now adhere to market-based economic reforms. They remain, however, totalitarian states
that deny many basic civil liberties to their populations.
For more information. The history of “left wing” and “right wing”:
In brief, left means liberal and right mean conservative. The political affiliation of these two
common words originated during the French Revolution. In the 1790s, King Louis XVI was
fighting with the Legislative Assembly. Like our modern-day House of Representatives,
seating in the French Legislative Assembly was arranged based on political affiliation. The
King sat in front of the assembly. To his right sat the conservative Feuillants who backed the
Phạm Thị Ánh Dương - 1517150033 - K54 - KDOE307.1
king and believed in a constitutional monarchy. To his left sat the liberal Girondists and
radical Jacobins who wanted to install a completely democratic government.
Ownership of No Yes
personal property
Question 5: Name some nations applying theoretic law along with other laws as well:
Phạm Thị Ánh Dương - 1517150033 - K54 - KDOE307.1
Country Description
The Gambia English common law, Islamic law and customary law