List two differences between the capitalist and socialist ideas of private property.

Answer:

-lock-

Answer to be written:

Socialist idea of private property

Capitalist idea of private property

  1. Socialists were against private property and saw it as the root of all social ills of the time.
  2. Socialists believe that the profits generated from a property should be shared with the employees who made that property productive.
  1. Capitalists are in support of private property and saw it as a major factor of development.
  2. Capitalists believe that the profits from the property belong to their owner .

-endlock-

Remove Ads
Teachoo · Class 9 Explore Class 9
Davneet Singh's photo - Co-founder, Teachoo

Made by

Davneet Singh

Davneet Singh is an IIT Kanpur graduate and has been teaching for 16+ years. At Teachoo, he breaks down Maths, Science and Computer Science into simple steps so students understand concepts deeply and score with confidence.

Many students prefer Teachoo Black for a smooth, ad-free learning experience.