The correct answer is: Capitalism is a system in which goods are made by private businesses, but socialism stresses government control over production.
In the capitalist system, the means of production are used to generate profits for owners or shareholders. In addition, there is an emphasis on individual earnings and not on benefiting workers or society as a whole.
On the other hand, in the socialist system, the production is adjusted by the State to meet human needs as well as economic demands. It means that only what is useful and necessary will be produced.
Answer:
When the British government attempted to consolidate its vast North American holdings after the French withdrawal in 1763, it found itself confronted
Explanation:
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