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Capitalism and socialism are formal economies. The major differences between capitalism and socialism revolve around the role of the government and equality of economics. Capitalism affords economic freedom, consumer choice, and economic growth.
He helped to draft the Constitution of 1824 and was a major influence in the addition of a general colonization provision. Seguín assisted Stephen F. Austin in choosing land for the first colony of American settlers to immigrate to Texas. He later supported the Texas Revolution, providing political as well as material support.
Gompers' approach to labor unions differs from that of Debs' in terms of their approach. Gompers think that labor could work with capitalism while Debs took the socialistic approach. Thank you for posting your question. I hope that this answer helped you. Let me know if you need more help.
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the queen of England granted exclusive right to east india company in 1600