The benefits and problems of capitalism and socialism, and evaluate which system provides the greater overall benefit to society.

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asked Jan 2, 2021 58.7k views

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Vicentedealencar · Answer 1 · 2021-01-08T19:55:36+0000

Capitalism affords economic freedom, consumer choice, and economic growth. Socialism, which is an economy controlled by the state and planned by a central planning authority, provides for a greater social welfare and decreases business fluctuations.

The benefits and problems of capitalism and socialism, and evaluate which system provides the greater overall benefit to society.

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