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Sagot :
Final answer:
Socialism and communism aim to reduce inequality through different approaches.
Explanation:
Socialism and communism are economic and political systems focused on reducing inequality.
Socialism involves state ownership of major industries with resource allocation based on rights and achievements. In contrast, communism aims for total equality in resource distribution.
In socialism, there is a mix of public and private property, while communism advocates for all property to be publicly owned and managed by the state.
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