Question

Read the following sentences.
A. Individual freedom does not exist at all in capitalist
countries.
B. People do not have individual freedom in communist
countries.
(1) A is false, B is true. (2) A is true, B is false.
(3) Both A and B are true. (4) Both A and B are false.​

Answer 1

Answer:

The terms capitalism and socialism are both used to describe economic and political systems. On a theoretical level, both of these terms also describe specific schools of economic thought. One of the most fundamental differences between the systems of capitalism and socialism lies in the scope of government intervention within an economy.

Explanation: