MSPlatinum MSPlatinum

08-11-2020
English

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what is the comparison for capitalism and socialism?

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lelaann65 lelaann65

08-11-2020

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.

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bharaway01 bharaway01

08-11-2020

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.

This is the correct answer.

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