History, asked by rkansara139, 3 months ago

Mention one difference between capitalism and socialism.

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Answered by SmudgeJasmine

Key Takeaways

Capitalism is based on individual initiative and favors market mechanisms over government intervention, while socialism is based on government planning and limitations on private control of resources.

Answered by imAnshika43

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Mention one difference between capitalism and socialism.​

Answers

Mention one difference between capitalism and socialism.