Question
Which one is the correct difference between capitalism and socialism? 1. In socialism, the economy is not privately owned and controlled, instead it is owned
Which one is the correct difference between capitalism and socialism?
1. In socialism, the economy is not privately owned and controlled, instead it is owned collectively.
2. Socialism centralizes planning among the owners of each business.
3. Socialism bans all markets for commodities, including labor.
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Power And Plenty Trade, War, And The World Economy In The Second Millennium
Authors: R Findlay, Ronald Findlay
1st Edition
0691143277, 9780691143279
