History, asked by smilinggirl789, 11 months ago

Diffrence between socialism and capitalism in terms of control over production?​

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Answered by ranjansaurav79
1

Answer:

Socialism is an economic and political system under which the means of production are publicly owned. Production and consumer prices are controlled by the government to best meet the needs of the people. Capitalism is an economic system under which the means of production are privately owed

Answered by Anonymous
1

Answer:

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