In terms of production, the major difference between capitalism and socialism is that capitalism is a system in which people pursue their own self-interests, but socialism stresses an equal distribution of wealth.
<h3>What Is Capitalism?</h3>
Capitalism is an economic theory which describes the situation where the factors of production are firmly under the control of the private sector.
Basically, the capitalist market is driven by the law of demand and supply.
Socialism on the other hand is an economic principle where the factors of production are under the care of the community and each citizen is given only what he or she need at a time.
Learn more about Economic theories at brainly.com/question/14177195
#SPJ1
Answer:
He also proposed the Civil Rights Act of 1963, which would provide protection of every American's right to vote under the United States Constitution, end segregation in public facilities
Explanation:
Answer: B: an increased interest in book and learning.
Explanation: people started to see its more than just religion
Answer:
"What was the major reason European rulers sought to colonize North America? They needed people from North America to settle in Europe. They sought to learn more about Native American cultures. They sought to expand their power with riches from the "New World.""
Explanation:
Quizizz
