capitalism vs socialism
Capitalism is an economic system where private individuals or businesses own and operate the majority of industries, trade, and resources. The profits generated go to those who own the companies or individual entrepreneurs. Socialism, on the other hand, is an economic system where the government or society as a whole controls and manages industries, resources, and trade to ensure equality and provide essential services to all citizens. In socialism, the profits are typically redistributed to benefit the society as a whole.
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