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Need help asap !! Directions: Summarize the main ideas of this lesson by answering the prompt below. List the pros and cons of capitalism vs socialism.
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Need help asap !!

Directions: Summarize the main ideas of this lesson by answering the prompt below.
List the pros and cons of capitalism vs socialism.

User NikhilReddy
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Answer:

While capitalism strongly supports private ownership and is unconcerned about equity, socialism claims otherwise. It advocates for common ownership, classless society and redistribution of resources in a more egalitarian way. Contrary to popular belief, socialism allows you to own your personal items.

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User Saber CN
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