History, 12.11.2019 23:31 tilsendt

What is the primary difference between the principles of capitalism and socialism

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Capitalism: is an economic system in which the factors of production are privately owned and money is invested in business ventures to make a profit.
(Basically Capitalism referred to people who believed that the government should not interfere with businesses)

Socialism: the factors of production are owned by the public and operate for the welfare of all.

The main difference between the two was that in capitalism, business owners wanted to run everything themselves. They didn't want help from the government at all. Socialism was when the people wanted "some government" involved within the businesses. In summary, the main difference is the amount of government that was allowed to take over in a business.

Answer from: reaperqueen21

Capitalism tends to be associated with a free or a mixed market and places great importance on private ownership of property, giving businesses a great deal of freedom.

Socialism, while allowing for some private ownership, tends to place many more regulations on businesses, restricts some individual rights to private ownership, and typically has some government-dominated industries, such as transportation.

Answer from: Quest

how did justinian contribute to the byzantine empire?

one famous byzantine emperor was justinian i. justinian ruled from ad 527 to 565. belisarius was the commander who led these armies in an attempt to win back the old western roman empire. the war effort to take back the western part of the empire forced justinian to raise taxes on the people of the byzantine empire.

explanation:

mark brainliest and have a great day!

Answer from: Quest

the catholic church withhold people's access to the bible during the middle ages.

people could go to church and listen to the teachings, but it was absolutely forbidden to own and/or read the books of both the old and new testaments. it was also prohibited to translate the books (which where originally in biblical hebrew) to any other language.

this was done so the church could remain in control of what their teachings were and to enhance their importance and power, while also being able to judge people's actions through information that was unavailable for the general public.