Question

Compare the feature among capitalism ,socialism and mixedism

Answer 1

✨ Answer ✨

Capitalism is a market-driven economy. The state does not intervene in the economy, leaving it up to market forces to shape society and life. Socialism is characterized by state ownership of businesses and services. Central planning is used to attempt to make society more equitable.

Explanation:

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Answer 2

Answer:

differenc between these Isms

a Is what percentage of GDP is Market driven

b. how pricing is done

c. what percentage of Market comes with Licensed production

d. restrictions on Market for Export and Import

e. Control of Currency

r. Government intervention in Factors of Production