Capitalism:
way of organizing an economy so that the things that are used to make and transport products (such as land, oil, factories, ships, etc) are owned by individual people and companies rather than by the government.
Communism:
way of organizing a society in which the government owns the things that are used to make and transport products (such as land, oil, factories, ships, etc.) and there is no privately owned property.
Democracy: form of government in which people choose leaders by voting.
Democratic Socialism: political ideology advocating a democratic political system alongside a Socialist economic system, involving a combination of political democracy with social ownership of the means of production.
Marxism: political, economic, and social theories of Karl Marx including the belief that the struggle between social classes is a major force in history and that there should be a society in which there are no classes.
Public Property: property that is dedicated to public use and is a subset of state property.
Private Property: legal designation for the ownership of property by non-governmental legal entities.
Socialism: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods.
Socialism: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods.