Which of these characteristics differentiates socialism from capitalism?

A. Socialism is more effective in promoting economic recovery from depression than capitalism is.
B. Socialism is an informal collection of economic philosophies, while capitalism is a formal practice.
C. Socialism is instituted by government leaders, while capitalism comes from demand of the people.
D. Socialism has a much higher level of government control and regulation than capitalism does.

Question

Which of these characteristics differentiates socialism from capitalism?

 		A.	Socialism is more effective in promoting economic recovery from depression than capitalism is.
 		B.	Socialism is an informal collection of economic philosophies, while capitalism is a formal practice.
 		C.	Socialism is instituted by government leaders, while capitalism comes from demand of the people.
 		D.	Socialism has a much higher level of government control and regulation than capitalism does.

jagr2713 · Answer

Hey there,
    What do you think?

anonymous · Answer

capitalism:

An economic system in which economic decisions are made through the free behavior of businesses and individuals rather than governments. Also referred to as the free enterprise system.

anonymous · Answer

socialism:

An economic system in which society, rather than individuals or corporations, controls the means of production, such as factories. Socialist governments take an active role in managing and planning economies.

anonymous · Answer

D.	Socialism has a much higher level of government control and regulation than capitalism does.