Question

Main differences among Capitalism, Socialism,Communism? Which economic system among these should be adopted according to you ?

Answer 1

Answer:

An early distinction between communism and socialism was that the latter aimed to only socialise production while the former aimed to socialise both production and consumption (in the form of free access to final goods).

I hope it will be helpful to you friend

Answer 2

Explanation:

Both socialism and communism place great value on creating a more equal society and removal of class privilege. The main difference is that socialism is compatible with democracy and liberty, whereas Communism involves creating an 'equal society' through an authoritarian state, which denies basic liberties

please mark me branlist I want 2 more branlist

please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please.....................