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What are the common goals and failures of socialism and communism?

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Answer:

Socialism and communism are alike in that both are systems of production for use based on public ownership of the means of production and centralized planning. Socialism grows directly out of capitalism; it is the first form of the new society. Communism is a further development or "higher stage" of socialism

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Relevant answers:

What are the common goalsfailures of socialism and communism?
GO to this URL to find differences: http://exchange.guhsd.net/details.php?object_id=1876
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