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Socialism and Capitalism

is a politica...

Question

is a political theory that propagates private ownership of the means of production.

A

Socialism

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B

Communism

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C

Capitalism

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Solution

The correct option is C Capitalism
Capitalism is a political theory that propagates private ownership of the means of production. The capitalists decide the commodities to be produced and the proportion of distribution of profit. It can result in an unequal distribution of wealth and profit.

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