Socialism Capitalism Property is communally owned. Promotes laissez-fairs government Property is owned by individuals. Government controls the economy Wealth is equally distributed. People pursue their self- interests

Features of Capitalism, Socialism, Communism

Explanation:

Capitalism -  Promotes laissez fair , there are individual property rights. People pursue their self interests.

Socialism - Government controls economic wealth. It is distributed equally by government.

Communism - Property & wealth is owned,  managed communally (jointly by state). There is no individual property.

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