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Write two differences between the capitalists …

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Write two differences between the capitalists and social ideas of private property?

Posted by Imam Khan 5 years, 4 months ago

CBSE > Class 09 > Social Science

1 answers

Yogita Ingle 5 years, 4 months ago

The two differences are as follows (i) The capitalists believed that individuals owned private property whereas the socialists believed that all property belonged to the society as a whole, i.e., to the state. (ii) The capitalists believed that the profits from the property should belong to the property's owners, whereas the socialist believed that profits are due to the workers' labour and so should be shared by them.

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CBSE > Class 09 > Social Science