1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Black_prince [1.1K]
3 years ago
5

What is the primary difference between the principles of capitalism and socialism

History
2 answers:
SashulF [63]3 years ago
5 0
Capitalism: is an economic system in which the factors of production are privately owned and money is invested in business ventures to make a profit.
(Basically Capitalism referred to people who believed that the government should not interfere with businesses)

Socialism: the factors of production are owned by the public and operate for the welfare of all.

The main difference between the two was that in capitalism, business owners wanted to run everything themselves. They didn't want help from the government at all. Socialism was when the people wanted "some government" involved within the businesses. In summary, the main difference is the amount of government that was allowed to take over in a business.
mafiozo [28]3 years ago
4 0

Capitalism tends to be associated with a free or a mixed market and places great importance on private ownership of property, giving businesses a great deal of freedom.


Socialism, while allowing for some private ownership, tends to place many more regulations on businesses, restricts some individual rights to private ownership, and typically has some government-dominated industries, such as transportation.

You might be interested in
A delivery truck is transporting boxes of two sizes large and small. The combined weight of a large box and a small box is 75 po
Marat540 [252]
1 large box = 40 pounds
1 small box = 35 pounds
4 0
3 years ago
Read 2 more answers
which civilization settled near and in what is now alabama. A. aztec B. mayan C. inca D. mississippian
fomenos

Answer:

D

Explanation:

the answer is d the other were in south America

8 0
2 years ago
Read 2 more answers
The tribe migrated across africa bringing iron technology with it
luda_lava [24]

C. Bantu


Bantu-speaking peoples migrated from Western Africa (in the area of modern Nigeria) throughout southern parts of Africa starting around 1000 BC and continuing to the 1500s (or perhaps a bit later, by some accounts).


There is some debate among historians as to whether iron metallurgy arose independently in Africa or was learned or borrowed from the Middle East or Europe. But whether independently invented or borrowed, the fact remains the the spread of iron working in Africa and the spread of Bantu languages by Bantu migration across Africa were correlated events.

3 0
3 years ago
The final compromise of the constitutional convention, which did not take effect until 1808, prohibited ________.
kirill [66]
I think it might be a , let me know if it helped
5 0
3 years ago
Please help on this
-BARSIC- [3]
It is the top one, they sought it was a source of protection
4 0
3 years ago
Other questions:
  • Write a paragraph to explain the importance of politics and politicians to the people that lived in the cities. When you have fi
    15·2 answers
  • The current constellation of power in the international system could best be described as a __________ system. unipolar bipolar
    11·2 answers
  • Which of the following are non-price determinants of supply?
    14·1 answer
  • Which of the great powers had the biggest empire in the world in 1900
    11·1 answer
  • Just need help with question #5 pls
    5·2 answers
  • In October 1844, President Houston met with leaders of the Comanche and ten other Native American groups and told them - Select
    15·1 answer
  • What is one reason why some people did not mind being taken over by the Muslims?
    14·2 answers
  • I need help please.
    15·2 answers
  • What are some political push and pull factors?
    14·1 answer
  • How did the division of labor increase output, and what was its impact on<br> workers?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!