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Ksenya-84 [330]
3 years ago
9

What is the difference between socialism and capitalism?

History
1 answer:
ExtremeBDS [4]3 years ago
8 0

Answer:

Capitalism is based on individual initiative and favors market mechanisms over government intervention, while socialism is based on government planning and limitations on private control of resources.

there is an inserted images that comparea socialism and capitalism.

Explanation:

Hope this helps!

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