In this economic system, there is an even distribution of wealth.
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Two major causes for the creation and distribution of wealth and income in the world are government policies and economic markets. ... This results in wealth and income inequality. As of 2000, 85% of the world's wealth was owned by just 10% of the global population.
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A capitalist economy relies on free-markets to determine, price, incomes, wealth and distribution of goods. A socialist economic system is characterised by greater government intervention to re-allocate resources in a more egalitarian way. There are also different aims of the economic systems.
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