Mohamed99 Mohamed99

10-07-2017
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In terms of production, what best describes the difference between capitalism and socialism?

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dovsoftball77 dovsoftball77

10-07-2017

The difference is that in capitalism, goods are made by private businesses, and in socialism, government has control over production

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roastednapkins roastednapkins

11-07-2017

Capitalism is a system in which goods are made by private businesses, but socialism stresses government control over production.

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