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Socialism is a political theory, and the US is a nation, so they are not terribly similar. I will note that the US has been socialist to at least some degree, since the New Deal of President Franklin Delano Roosevelt, going back to the 1930's. But the US uses some elements of socialism and some elements of the free market, as it sees fit.

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βˆ™ 11y ago
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βˆ™ 1w ago

Socialism is an economic system where the means of production are owned and controlled by the state or the community, aiming for equality. The US is a capitalist country where the means of production are privately owned, with a focus on individual initiative and competition.

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Q: What is difference between socialism and US?
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