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Alostale · Answer 1 · 2021-03-18T10:41:34+0000

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.

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Monalisa · Answer 2 · 2021-03-21T02:38:32+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.

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