2 Answers

Troy Hunt · Answer 1 · 2021-06-22T11:41:42+0000

Answer:

Capitalism is based on individual initiative and favors market mechanisms over government intervention, while socialism is based on government planning and limitations on private control of resources.

Jason Capriotti · Answer 2 · 2021-06-23T13:11:11+0000

Individual initiative determines what will be produced.

It relates to capitalism because capitalism is based on individual initiative and favors market mechanisms over government intervention

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