Do Communist Countries Have Currency?

There is no government or private property or currency, and the wealth is divided among citizens equally or according to individual need. Many of communism's tenets derive from the works of German revolutionary Karl Marx, who (with Friedrich Engels) wrote The Communist Manifesto (1848).

Can you own property in a communist country?

Under communism, there is no such thing as private property. By contrast, under socialism, individuals can still own property. But industrial production, or the chief means of generating wealth, is communally owned and managed by a democratically elected government.

Do socialist countries use cash?

They don't use any system of money or barter at all, but live completely off the land. Such a social system Marx and Engels wrote of as “primitive communism” which pre-dated class society and class exploitation. Socialists do not want to go back to hunter-gatherer societies. There is no need.