Home » Classroom » SS1 Government Socialism Question

What is the difference between socialism and ca... - SS1 Government Socialism Question

What is the difference between socialism and capitalism?

The main difference between socialism and capitalism is that in socialism, the means of production and distribution are owned and controlled by the state or by the workers themselves, while in capitalism, they are owned and controlled by private individuals or companies.

Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses