History, asked by KamleshKumar5379, 7 months ago

Discuss the benefits and problems of capitalism and socialism, and evaluate which system provides the greater overall benefit to society.

Answers

Answered by nehaolekar6

Explanation:

Capitalism affords economic freedom, consumer choice, and economic growth. Socialism, which is an economy controlled by the state and planned by a central planning authority, provides for a greater social welfare and decreases business fluctuations.

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