Question

List two difference between the capitalist and socialist ideas of private property ..

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Answer 1

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The two differences are as follows (i) The capitalists believed that individuals owned private property whereas the socialists believed that all property belonged to the society as a whole, i.e., to the state.

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Answer 2

Answer:

(i) The capitalists believed that individuals ownedprivate property .

(ii)socialists believed that all property belonged to the society as a whole, i.e., to the state.

Explanation:

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