Social Sciences, asked by afsadamustaqeem71, 9 months ago

what is capitalism and socialism?

Answers

Answered by 007Boy
2

Answer:

The main difference between capitalism and socialism is the extent of government intervention in the economy. A capitalist economic system is characterised by private ownership of assets and business. A capitalist economy relies on free-markets to determine, price, incomes, wealth and distribution of goods.

Answered by smithabiju34
0

Answer:

dont know capitalism but socialism is political and economic theory of social organization blah blah blah

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