Economy, asked by VINEET4794, 1 year ago

Difference between capitalism socialism communism and mixed economy

Answers

Answered by Dablukumar
0
Capitalism economy;the economy in which powers are in the hand of one person and the main aim is to earn profit I. e USA.
Socialism economy; powers are in the hand of government or person appointed by government. The main aim is welfare of the people
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