Social Sciences, asked by pradeepcheruku3, 5 months ago

write differences between
Socialism and capitalism?​

Answers

Answered by ltzAngel
4

Answer:

Key Takeaway

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.

Explanation:

hope it will help you....☺️

Answered by parasharpraveen244
4

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.

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