Both socialism and communism favor

Social Studies

1 answer:

ivolga24 [154]3 years ago

6 0

Answer:

Both socialism and communism favor is described below in details.

Explanation:

Both socialism and communism are basically economic theories promoting public rather than individual possession, particularly of the means of production, circulation, and transaction of goods (i.e., gaining money) in a civilization. Both endeavor to fix the obstacles they see as produced by a free-market capitalist arrangement, including the exploitation of operators and a widening distance between rich and poor.

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