Which is more clearly a characteristic of capitalism than of socialism

1 answer:

4 0

Howdy stranger

Socialism and capitalism can be tricky to tell apart sometimes, but there are some pretty apparent difference between the two. See, they’re both formal economies. Capitalism affords economic freedom, consumer choice, and economic growth. Socialism, which is an economy controlled by the state, provides for a greater social welfare and decreases business fluctuations.

Hope this helped some >.<

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