Question

what do you know about capitalism and why socialists were against private property?​

Answer 1

Answer:

Capitalism is an economic system in which private individuals or businesses own capital goods. The production of goods and services is based on supply and demand in the general market—known as a market economy—rather than through central planning—known as a planned economy or command economy

Socialists were against the institution of private property because they felt that it was the basis of all the social troubles. Therefore, socialist wanted the whole population to control the property rather than an individual so that more attention would be paid to collective social interests

Explanation:

Answer 2

Answer:

Socialists were against the institution of private property because they felt that it was the basis of all the social troubles. ... Therefore, socialist wanted the whole population to control the property rather than an individual so that more attention would be paid to collective social interests.

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