Answer:
(i)
Capitalists are owners of the industries in which they have invested capital.
They believe in private property and a class based society.
Socialists think that all property and means of production should be
socially controlled. They believe in a classless society.
(ii) Capitalists believe that the profit should be enjoyed
by the owners of the industry. Socialists believe that the profits are the
result of the workers 's labour, so the workers deserve to share it.
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