what is the difference between socialist and capitalist
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no I want it in tabular form plzzzz
means
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Capitalism and socialism are formal economies. The major differences between capitalism and socialismrevolve around the role of the government and equality of economics. Capitalism affords economic freedom, consumer choice, and economic growth.
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capitalist means: Capitalism is an economic system based on private ownership of the means of production and their operation for profit.
and socialist is nothing but equal division of resources.
and socialist is nothing but equal division of resources.
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