communism

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communism noun
or Communism /ˈkɑːmjəˌnɪzəm/
communism
noun
or Communism /ˈkɑːmjəˌnɪzəm/
Learner's definition of COMMUNISM
[noncount]
: a 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 compare capitalism, socialism