History, asked by manish1355, 8 months ago

what is the difference between capitalist bloc and Communist bloc​

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Answered by NATIONALENVIROCLEAN
7

For Communists, the society is above individuals. But for capitalists, individual freedom is above the state or society. While capitalism is a self regulated economic system, communism is a government run economy. In capitalism, the individual has full control over production and decides on the price structure

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