Question

How is socialism similar to capitalism?

Answer 1

Answer:

●both system considers labours.

●They both are the some amount of market competition.

Answer 2

Answer:

One similarity between capitalism and socialism is that both systems consider labor and capital to be the primary economic forces. Both capitalism and socialism agree that the world is composed of a variety of natural resources that are for the most part value-neutral until human labor imparts value to them.

Explanation: