Do we experience any of the same challenges people in Canada experienced in earlier times?

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answer: capitalism and socialism are formal economies. the major differences between capitalism and socialism revolve around the role of the government and equality of economics. capitalism affords economic freedom, consumer choice, and economic growth.

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explanation:

the stamp act was passed by the british parliament on march 22, 1765. the new tax was imposed on all american colonists and required them to pay a tax on every piece of printed paper they used. ship's papers, legal documents, licenses, newspapers, other publications, and even playing cards were taxed.