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Capitalism allows for more freedom for businesses than socialism does

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9y ago

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IN WHAT do capitalism and socialism differ?

Capitalism allows for more freedom for businesses than socialism does


How did deng xiaoping's economic program differ from Mao's Zedong?

Deng created an economy that blended socialism and capitalism.


Is socialism working better than capitalism?

no, socialism isn't better than capitalism because capitalism has a free market and people get rich easily.


What countries have all communism capitalism and socialism?

Which countries that are under communism , socialism and capitalism


What types of economic systems exist throughout the world today?

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What does Bosnia practice communism socialism or capitalism?

Capitalism


What individual advocated that Democracy would give way to Socialism and Capitalism would change into Communism?

KARL MARX had the view that history was inexorably trending to communism and that capitalism would improve to socialism and socialism would improve to communism.


A political ideology of a gradual transition from capitalism to socialism?

What political ideology of a gradual transition from a capitalism to socialism


What are the similarities between socialism and capitalism?

Socialism and communism are similar in the way they are supposed to work - all power being shared equally - and capitalism is similar to socialism in that everybody should ideally get out what they put in proportionally, but communism and capitalism are the exact opposites.


What would be considered a compromise between capitalism and socialism?

There can be no such compromise, as Socialism and capitalism are completely distinct systems. Socialism means a classless stateless society based on production for use, while capitalism has a class division and production for profit.


Do Romania use capitalism socialism communism?

Now Romania has an anarchic capitalism.


Is Portugal communism socialism or capitalism?

No. Communist don't have much power.