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29 January, 12:29

What is the difference between Socialism and the Free Enterprise System?

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  1. 29 January, 15:24
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    The difference between free enterprise and socialism are many but there is one significant difference. Free enterprise is an economic system that evolves naturally in a society. It is an 'you have something I want and I have something you want, let’s trade' system. And each party equally profits from that trade.
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