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What would be considered a compromise between capitalism and socialism?
There can be no such compromise, as Socialism and capitalism are completely distinct systems. Socialism means a classless stateless society based on production for use, while capitalism has a class division and production for profit.
How does a mixed economic system fails?
it usually fails because the country cant balance the capitalism and socialism.
How does socialism provide a compromise between capitalism and communism?
Socialism is not a compromise between capitalism and communism, it is a distinct economic system and mode of production. A "mixed economy" is often cited as being a compromise between socialism and capitalism, but in practice most mixed economies are interventionist capitalist economies.
Is socialism working better than capitalism?
no, socialism isn't better than capitalism because capitalism has a free market and people get rich easily.
What countries have all communism capitalism and socialism?
Which countries that are under communism , socialism and capitalism
What types of economic systems exist throughout the world today?
capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy
What conflicts might arise between sorters of capitalism and socialism?
what do you mean by sorters
What does Bosnia practice communism socialism or capitalism?
Capitalism
A political ideology of a gradual transition from capitalism to socialism?
What political ideology of a gradual transition from a capitalism to socialism
What are the similarities between socialism and capitalism?
Socialism and communism are similar in the way they are supposed to work - all power being shared equally - and capitalism is similar to socialism in that everybody should ideally get out what they put in proportionally, but communism and capitalism are the exact opposites.
IN WHAT do capitalism and socialism differ?
Capitalism allows for more freedom for businesses than socialism does
What mostly privately-owned economy falls between laissez-faire capitalism and a mixed system?
i think its socialism> XO<---------WRONG!!!!! Monopoly Capitalism <------- Correct :)
