In what way do capitalism and socialism differ?

A. Capitalism involves government regulation of production and prices, but socialism is based on market demand.

B. Capitalism makes the class system in society less distinct, but socialism reinforces separate social classes.

C. Capitalism promotes more economic equality than socialism does.

D. Capitalism allows for more freedom for businesses than socialism does.

Question

Yurem Douglas

History

19 December, 07:28

In what way do capitalism and socialism differ?

A. Capitalism involves government regulation of production and prices, but socialism is based on market demand.

B. Capitalism makes the class system in society less distinct, but socialism reinforces separate social classes.

C. Capitalism promotes more economic equality than socialism does.

D. Capitalism allows for more freedom for businesses than socialism does.

+4

Answers (2)

Know the Answer?

April · Answer 1

D. Capitalism lets you have a business with not govt interference

Taryn Glover · Answer 2

The correct answer is D.

There is much less government interference in Capitalism with regulations of business. Capitalism permits the private ownership of goods. Another important factor is that competition is promoted, which results in quality of products and decrease prices, making the producer involved, to gain more share in the market.