Social Sciences, asked by anshul48654, 10 months ago

write 5 differences between socialism and capitalism

Answers

Answered by avni793

1

Answer:

The basis of capitalism is the principal of individual rights, whereas socialism based on the principal of equality .

Capitalism encourages innovation and individual goals while socialism promotes equality and fairness among society..

Previous Question

Next Question

Similar questions

Science, 5 months ago

Differentiate mass and weight.

Math, 5 months ago

3/2x+5/3y=7 & 9x-10y=12 . solve by substitution method?

Math, 5 months ago

GST system is termed as dual model because - (a) It is online mode of transaction. (b) Equal amount of tax is levied by state and central government (c) It has state wise registration of traders (d) Many indirect taxes are included under GST...

Math, 10 months ago

identify the pythagorean triplets - a) 3,4,5 b)6 ,7,8 c) 8,15,17 d) 12,35,37...

Physics, 10 months ago

what is magnetic field lines?

Math, 1 year ago

find the class mark of the class 100 to 150...

Math, 1 year ago

In a class of 150bstudents, amongst 50% of the students each student got number of toffees that are 12 more than 20% of the total number of students and the amongst remaining 50% of the students each student got number of toffess that are 26 less than 32% of the total number of students. How many toffees were disturbed were distributed among 150 students?

English, 1 year ago

what did the guru and his discilpe see in the kingdom of of fools ? why did the guru decided to leave the kingdom at once...