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Question
With reference to Capitalism and Socialism, state the following:
Two key proponents each of Capitalism and Socialism.
Solution
- Capitalism: Key Proponents of Capitalism include Richard Cantillon, Adam Smith, David Ricardo, Fredrich A. Hayek, Ayn Rand, Milton Friedman.
- Socialism: Key Proponents of Socialism include Robert Owen, Pierre Leroux, Karl Marx, Fredrick Engels, John Stuart Mill, Albert Einstein, George Bernard Shaw.
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