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A economic system is characterized by much government involvement, lack of private ownership, and elimination of economic classes.
Capitalism is characterized by much government involvement, lack of private ownership, and elimination of economic classes.
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jeifunk|Points 20558|
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Asked 4/13/2014 9:25:21 PM
Updated 4/13/2014 11:39:12 PM
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Confirmed by jeifunk [4/13/2014 11:39:12 PM]
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The means of production are privately owned under Socialism.
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TRUE. Means of production are privately owned under Socialism.
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