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Explain one way in which communism and socialism are different.

A. Communism requires private ownership of the inputs used in the production of goods or services, while socialism requires shared ownership of these inputs.

B. Communism can be thought of as a form of socialism, where socialism is a broader term and communism is more narrowly defined.

C. Communism requires shared ownership of the inputs used in the production of goods or services, while socialism requires private ownership of these inputs.

D. Socialism can be thought of as a form of communism, where communism is a broader term and socialism is more narrowly defined.

Sagot :

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Final answer:

Communism mandates equal distribution of resources through government control, while socialism permits public ownership with some private ownership. Both systems aim to address inequalities but differ in the extent of state intervention.


Explanation:

Communism involves direct governmental ownership and control of all means of production, where resources are equally distributed among the population. On the other hand, socialism allows for public ownership of resources but still permits some private property ownership.

While communism is more centralized and extreme in its approach to resource distribution, socialism presents a blend of public ownership and limited private ownership, aiming to address inequalities through state control.


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