joshua8214 joshua8214

16-11-2020
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How are the ideas of capitalism and socialism different?

How are the ideas of capitalism and socialism different class=

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im8bandito im8bandito

16-11-2020

Answer: Capitalism- economic system in which the factors of production are privately owned and money is invested.

Socialism- factors of production are owned by the public (government) and operate for the welfare of all the people.

Explanation:

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