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Socialism generally emphasizes collective or state ownership of resources and means of production, which can limit individual economic freedom compared to capitalist systems. However, some socialist models allow for varying degrees of economic freedom, such as cooperatives and market socialism, where individuals can engage in private enterprise within a regulated framework. The extent of economic freedom in socialism often depends on how it is implemented and the specific policies adopted by a government. Overall, while socialism can restrict certain economic freedoms, it can also provide opportunities for equitable distribution and social welfare.

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1w ago

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