Both capitalism and socialism can coexist with either an authoritarian or a democratic political system.

Question

Quizplus · Accepted Answer

Both capitalism and socialism are economic systems that can be implemented within either an authoritarian or a democratic political system. It is possible to have a capitalist or socialist economy within a democratic system (such as the United States) or an authoritarian system (such as China). However, the level of government intervention in the economy may differ depending on the type of political system in place.

Both Capitalism and Socialism Can Coexist with Either an Authoritarian