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Discuss the benefits and problems of capitalism and socialism, and evaluate which system provides the greater overall benefit to society.

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Answer:

Capitalism provides more benefit to society because it gives people more choice, allows people to create more wealth, and ensures that what society needs is produced.

Step-by-step explanation:

User Chad Adams
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Answer:

greater overall benefit to society?

Capitalism affords economic freedom, consumer choice, and economic growth. Socialism, which is an economy controlled by the state and planned by a central planning authority, provides for a greater social welfare and decreases business fluctuations.

User Nick Le Page
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