Economy, asked by sargam7880, 4 months ago

Write a short note on socialistic and capitalist economy.​

Answers

Answered by christinarajeev2005
2

Answer:

Capitalism is based on individual initiative and favors market mechanisms over government intervention, while socialism is based on government planning and limitations on private control of resources.

Answered by BALAND
1

Answer:

good morning

Explanation:

have a nice day

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