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List two differences between the capitalistand socialist ideas of private property |
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Answer» The fundamental difference between capitalist and socialist is the scope of the government intervention in the economythe capitalist believed that individuals owned private property whereas the socialist believed that all property belonged to the society as a whole i.e to the statethe capitalist believed that the profits from the property should belong to the properties owner whereas the socialist believed that profits are due to the workers labour and so should be shared by them..... |
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