Distinguish difference between socialism amd capitalism
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Socialism is a theory of organisation that advocates that the means of production is owned by a community and not by a single person.
Capitalism is an economic system in which means of production is wonderful by a person....
Capitalism is an economic system in which means of production is wonderful by a person....
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Its not wonderful ....it's owned* sorry for that mistake
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socialism: the political or economic theory which advocates that the means of production, redistribution and exchange should be owned and regulated the community as whole.
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