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What does socialism and capitalism mean?

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  1. Socialism- State controls natural resources and vital industries for the use of the state and people.

    Capitalism- Stateprivatizess and sells resources to corporations which in turn sell for capital.  


  2. Socialism = Government Control Over the Economy

    Capitalism = Citizen Control Over The Economy


  3. Socialism=Government for non-profit

    Capitalism=Government for profit

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