Capitalism may be defined as an economic system in which all or most means of production are owned and controlled by private individuals and in which the economic activity of the government is at a minimum while Socialism is an economic system where the state takes the major economic decisions through detailed planning. Countries that adopt this system do not believe in the efficacy of market forces.
Facebook Marketplace, a feature introduced by Facebook in 2016, rapidly became a popular platform for users to buy and sell items within their local communities. It offers a convenient way to find a wide range of products, from furniture and clothing to vehicles and real estate.
The platform leverages Facebook's...