asked 139k views
3 votes
Which of the following are charateristics of both Capitalism and Socialism?

asked
User Pynner
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1 Answer

2 votes

Answer:

Cpaitalism-Most of the product is privately owned and the

free market is based on supply and demand.

Socialism-Is a controlled market by the state or Government has no free market but has welfare befits.

answered
User Zaratruta
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8.0k points
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