FOX NEWS: The world's remaining communist countries, and how they're faring economically

The world's remaining communist countries, and how they're faring economically



Communism is the political and economic doctrine that abolishes private ownership in favor of the state controlling the means of production in an effort to create economic equality and the abolishment of the exploitation of workers. For decades, the United States and the Soviet Union engaged in the Cold War as both sought economic and military superiority. 

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