Question

in terms of production, what best describes the difference between capitalism and socialism?○ capitalism is a system in which goods are made by private businesses, but socialism stresses government control over production.○ capitalism is a system in which the government controls production, but socialism stresses production by private businesses.○ capitalism is a system in which people pursue their own self-interests, but socialism stresses an equal distribution of wealth.○ capitalism is a system in which government should \plan\ the economy, but socialism stresses that free market dictates production.

Explanation:

The question focuses on production differences. Capitalism centers private ownership/control of production by private businesses, while socialism emphasizes government or collective control over production. Option C addresses distribution/self-interest, not production directly. Options B and D reverse the core production traits of the systems.

Answer:

A. Capitalism is a system in which goods are made by private businesses, but socialism stresses government control over production.