Communism
volume
British pronunciation/kˈɒmjuːnˌɪzəm/
American pronunciation/ˈkɑmjəˌnɪzəm/

Definition & Meaning of "communism"

Communism
01

a political system in which the government controls all industry, every citizen is equally treated, and private ownership does not exist

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Example
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The collapse of the Soviet Union in 1991 marked the end of an era for state-controlled communism in Eastern Europe.
02

a form of socialism that abolishes private ownership

example
Example
The collapse of the Soviet Union in 1991 marked the end of an era for state-controlled communism in Eastern Europe.
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