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How is socialism different from capitalism?

How is socialism different from capitalism?-example-1

2 Answers

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Your answer would be D. Socialism is government regulation of industry, while capitalism is a private business.

User Jonathan Cast
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Looks like D is the closest to the correct answer.

The key difference between socialism and capitalism is the control and regulation of industry. "Pure" Capitalism believes in complete private control of industry while Socialism believes in government control of industry. Each have their benefits!

User Stonemonk
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