MULTIPLE CHOICE QUESTION: What is the key difference between capitalism and socialism as economic systems?
A. Capitalism values private property and free markets, while socialism values collective ownership and central planning.
B. Socialism values private property and free markets, while capitalism values collective ownership and central planning.
C. Capitalism values individualism, while socialism values collectivism.
D. Socialism values individualism, while capitalism values collectivism.
Answer:A
MULTIPLE CHOICE QUESTION: What is the key difference between capitalism and socialism as economic systems?
A. Capitalism values private property and free markets, while socialism values collective ownership and central planning. B. Socialism values private property and free markets, while capitalism values collective ownership and central planning. C. Capitalism values individualism, while socialism values collectivism. D. Socialism values individualism, while capitalism values collectivism.