History, asked by poojarybhaskar294, 5 months ago

two differences between capitalism and socialism

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Answered by charisma47

Answer:

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 mistuu123

Answer:

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.

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two differences between capitalism and socialism​

Answers

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.

two differences between capitalism and socialism