Definitions

Capitalism: An economic and Political system in which is controlled by private owners rather than the state(country). The means of production is like what goes into making something. The government doesn't tell you how to run it.

Communism: A system of government tries to solve problems and inequities that arises in capitalism.Class list. Inequities meaning something is unequal. 

Free Enterprise: An economic system in which private business operations and competition and largely free of state control.

Free Market: An economic system in which prices are determined by unrestricted competition between privately owned businesses.