Question

Difference between capitalism n socialism.

Answer 1

AnswEr :

❤ Capitalism -

• Total Private Ownership.
• Market Forces.
• Class Distinction.
• Production of Profit.
• Adam Smith.

❤ Socialism -

• Limited Private Ownership.
• Government and Private Entites.
• Limited Class Distinction.
• Production of Social Needs.
• Charles Fourier.

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