difference between commulism and socialism
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Under communism, there is no such thing as private property. ... By contrast, under socialism, individuals can still own property. But industrial production, or the chief means of generating wealth, is communally owned and managed by a democratically elected government. Hope it helps you.
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Under communism, there is no such thing as private property. By contrast, under socialism, individuals can still own property. But industrial production, or the chief means of generating wealth, is communally owned and managed by a democratically elected government.
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