Discuss the benefits and problems of capitalism and s
ocialism, and evaluate which system provides the greater overall benefit to society.

Answers

Answer 1

Capitalism is an economic system in which investments in an ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private  individuals or corporations specially as contrasted to cooperatively state-owned means of wealth. Socialism is a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.

Why do people say that capitalism works better than socialism?

Capitalism and socialism have both been put to the test. Socialism never works; capitalism occasionally does. The outcomes are self-evident.

China. After the cultural revolution, the communist party seized power in China. They didn't have much financial success with anything. In its place, starvation claimed the lives of millions. Capitalist policies were put into place when Moa Zedong left office, and economic development suddenly skyrocketed.US versus USSR The huge ideological conflict between capitalism and socialism was eventually the cause of the cold war. The sides began on land that was largely level. There is no doubt who won. The USA is currently the world's most powerful country by a wide margin. There is no longer a Soviet Union.Almost all affluent countries, including the UK, Germany, Australia, Japan, Canada, and even the Nordic countries, have capitalist systems. All have different amounts of social expenditure, but this is only sustained by the underlying capitalism.Cuba. Cubans are all equal, yet they are all equally impoverished. Nearly everyone in Cuba has it better than even those who are regarded as impoverished in prosperous countries like the USA.Venezuela. elected a communist administration. They are currently in financial ruin. It would be difficult to locate a socialist administration that has made any effort to better the lives of its citizens. Although I would think there are none at all, perhaps I haven't looked closely enough.

In conclusion, a basic misunderstanding of human nature is the basis of socialism. When everyone actually ends up doing is trying to piggyback off of everyone else's hard work, it makes the false assumption that everyone is willing to labor selflessly for the benefit of the group. Although it is not a flawless system, capitalism at least provides a reward for effort. And when it comes down to it, hard effort is what improves our lives.

What are the pros and cons of socialism and capitalism?

Capitalism:

Pros ⇒ It is a method of voluntary trade. It is the best at allocating scarce resources. It has given people the highest quality of life in human history. Property rights, arbitrary assessments, and free will are all protected. It best manages self-interest. It rewards people who make the world a better place by making them rich. Static economic classes are eliminated by capitalism's dynamic character. Of course, there is more.

Cons ⇒ There isn't a spokesperson for free market capitalism. Market manipulation, monopolies, oligopolies, cronyism, fascism, inflation, central banking, fractional reserve banking, and any other financial news-related scheme are all confused with it.

Socialism:

Pro ⇒ Fair distribution of total generated wealth

Cons ⇒ It is oppressive. The loss of private property in the means of production prevents accurate economic calculations. Rare resources are squandered since there aren't genuine prices (actual prices reflect consumer values) (mountains of Soviet concrete). It does not satisfy the insatiable human drive for more (demand). denies possessing oneself. It establishes two static classes, one for workers and the other for politicians. Marx demanded that "undesirables" be removed from society (Irish, Scottish and non-whites).  


Related Questions

The Spartan government consisted of all of the following except
a.
council of elders
c.
ephors
b.
cabinet of generals
d.
an assembly

Answers

Answer:

The answer is c

Explanation:

I already did it

The Cherokee who lived in Georgia created a writing system with an alphabet for their language. They also drafted a constitution and learned how to farm. They often lived in towns and wore clothing that was
similar to that of their white neighbors.

This practice is called
O civilization.
O assimilation.
O settlement.

Answers

The Cherokee practice is called is known as assimilation.

What is cultural assimilation?

The term assimilation is known to be linked with anthropology and sociology.

This is said to be the act by which a society or a person that has differing ethnic heritage are known to be absorbed into the central culture of a any society.

Therefore, The Cherokee practice is called is known as assimilation as they took in the culture and ways of their  white neighbor.

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a student placed a stack of rocks on ramp she added clumps of soil rooted with live grass. Using a garden hose, she then applied a steady spray of water that soaked into the soil, making it heavier. what does the students's experiment model ?

Answers

The described experiment wants to check the mass movement of the rocks, soil and grass on the ramp.

What can be concluded from the experiment?

Once the student applies the water on the ramp we could see the objects slide down the ramp. This is caused because the friction of the ramp decreases and the force of gravity pulls objects towards the ground.

According to the above, the experiment would be a model of mass movement.

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Which sentence below best describes the factory working conditions during the Industrial Revolution?
1. Laborers flocked to factory work over other occupations because they were given a voice to speak out against
injustices. Dissatisfied workers could easily bargain with their employers to improve wages and conditions.
2. Factory workers had little opportunity to speak out against the injustices of their working conditions. There was
virtually no contact with employers, the people that one needed to speak to in order to see a change.
01
02

Answers

The answer is number 2! Factory owners profited the most during the Industrial Revolution and had very little rights

Answer: The answer would be 2

Explanation: This revolution, which involved major changes in transportation, and manufacturing, When they took factory jobs, they were working for a large company.

why do we have 8 planet instead of ninie

Answers

Answer: The eight planets were created from an accumulation of most of the material that remained in their vicinity. They are the dominant bodies in their regions of space also they have discovered that pluto isnt a planet but a dwarf planet

The eight planets were formed by assembling the majority of the material that remained in their immediate surroundings. They are the most powerful bodies in their own parts of space, and they have found that Pluto is a dwarf planet rather than a planet.



Multiple Cholce Question
What issue is central to the current American political debate concerning the appropriate role of the government?
O The example America's tax policy sets for other nations
O The best way for government to foster economic growth
O The concern that foreign companies will infiltrate the campaign finance system
O The concern that younger Americans will turn away from government altogether
Need help? Review these concept resources.
Read About the Concept
Rate your confide

Answers

The best ways for the government to promote economic growth are central to the current American debate over the government's appropriate roles.

What are the political debates?

A leader debate also known as a presidential debate is a public debate held during the general election campaign in which candidates expose their political opinions and public policy proposals to potential voters as well as criticize them.

They are typically broadcast in real-time on radio television and the Internet.

Hence government promoting economic growth is an appropriate role of government.

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Many archaeologists believe that the Clovis Culture was the
Paleo-Indian culture in North America.

Answers

They shared a common ancestor and way of life.

The wide distribution of those distinctive points demonstrates to archaeologists that Paleo-Indians shared a typical ancestry and way of life.Available genetic data show that the Clovis people are the direct ancestors of roughly 80% of all living Native American populations in North and South America, with the remainder descended from ancestors who entered in later waves of migration.As reported in February 2014, DNA from the 12,600-year-old remains of Anzick boy, found in Montana, has affirmed this connection to the peoples of ground. additionally, this DNA analysis affirmed genetic connections back to ancestral peoples of northeast Asia. This adds weight to the thought that peoples migrated across a land bridge from Siberia to North America.

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Answer:

The Answer is First!

Explanation:

Why did farmers lose political power in the late 1800s?

Answers

Write down in your own words and make a mix of both change the words you don't understand by Searching them up in thesaurus.com and find a more suitable word you understand this will help you understand and study better.

First, farmers claimed that farm prices were falling and, as a consequence, so were their incomes. They generally blamed low prices on over-production. Second, farmers alleged that monopolistic railroads and grain elevators charged unfair prices for their services.

Many attributed their problems to discriminatory railroad rates, monopoly prices charged for farm machinery and fertilizer, an oppressively high tariff, an unfair tax structure, an inflexible banking system, political corruption, corporations that bought up huge tracks of land.

Progressives, such as Woodrow Wilson, supported financial reforms because they believed the nation’s financial system was overly controlled by
labor unions.
state governments.
foreign countries.
big business.

Answers

Progressives, such as Woodrow Wilson believed the nation’s financial system was overly controlled by big businesses. Therefore, the correct statement is Option D.

Who was  Woodrow Wilson?

Thomas Woodrow Wilson became an American politician and educator who served as the twenty-eighth president of the US from 1913 to 1921.

A member of the Democratic Party, Wilson served as the president of Princeton University and the governor of New Jersey earlier than prevailing in the 1912 presidential election.

Therefore, Progressives, such as Woodrow Wilson believed the nation’s financial system was overly controlled by big businesses. the correct statement is Option D.

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For which of the following reasons were the Federalist Papers written?
a. To persuade delegates to keep the Articles of Confederation

b. To persuade Americans to join the American Revolution

c. To persuade delegates to ratify the U.S. Constitution

d. To declare independence from Great Britain

Answers

Answer:

To declare independence from Great Britain

who they thought need to be on their own as to help in getting things right

Answer: The Federalist Papers

Explanation:

I took the test

Question 2
How did Spain maintain its empire?

Answers

Spain maintained strict control over its empire by setting up the Council of Indies to pass laws for the colonies. The king appointed viceroys. Lesser officials and audiences helped the viceroy ruler. To maintain control of its new empire, Spain established a formal structure of government to administer its colonies. to demand Native American labor or taxes Native Americans were compelled to labor in gold and silver mines by the Spanish. Many people were killed when the tunnels collapsed.

*WILL MARK BRAINLIEST*
For this assessment, you are going to create your own informative and creative photo story.
Here is a quick summary of the assessment requirements.
Step 1: Study the list of nine images at the bottom of the screen and select five that represent what you believe were the
greatest factors that contributed to the fall of the Soviet Union. There is no correct order for this activity; however, you
must be able to justify the order that you have selected.
Step 2: Create a photo story by arranging the images in order of importance and write a description for each image.
Each description should include the following elements:
The description should be two to four sentences in length.
The description should explain Who, What, Where, When, and Why the person/event is important.
Step 3: Finally, you will need to explain your choices by writing a one-paragraph summary explaining your ranking and
providing an overall picture of the demise of communism in the Soviet Union.
The summary paragraph should include the following elements:
• be at least five sentences in length
• justifies why you placed these five images in the order that you did
• contains accurate information
• presents the subject clearly
.
demonstrates an understanding of the fall of the Soviet Union
• is organized

Answers

The five items that were the greatest factors in the fall of the Soviet Union are:

Gorbachev appointed as the General Secretary of the Communist PartyThe Prague SpringVelvet RevolutionThe fall of the Berlin WallThe 1956 Hungarian Uprising.

What caused the fall of the Soviet Union?

The series of decisions that were taken by Mikhail Gorbachev, the Soviet leader to allow elections in a multi-party system and other democratic acts eventually contributed to the fall.

Hence, we can see from the nine images given, we can see that they contain several factors that led to this downfall and the fall of the Berlin Wall and the appointment of Mikhail Gorbachev along with other factors were responsible for this.

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5.3.2 Quiz: Managing Taxes
Question 5 of 10
A tax added to the cost of an item bought at a store is a(n)
A. property tax
B. credit tax
C. sales tax
D. income tax
SUBMIT

Answers

Answer:

sales tax

Explanation:

A sales tax is a tax paid to a governing body for the sales of certain goods and services

according to aristotle, with whom did a tyrant share power

Answers

Answer:

nobody

Explanation: found on quizlet

can teachers tell if you use Brainly

Answers

usually no i don’t think so

Yes, just like any other website, they can see if you just copy and paste answers. The purpose of this site is too help people grasp an idea of the concept of what their learning. To give an example, an area of mathematics. Personally, I am on this website to help increase people's learning but also too learn new things myself through reading others answers.

But most of the time, you should be fine, it is considered cheating if you just do not try to get a deeper understanding and just go for an easy way out.

Hope this helps,

ROR

How did Francis Townsend influence the creation of financial security for retired Americans?
His formation of "Townsend clubs" helped pressure the government into creating social security.
His formation of "Townsend clubs" helped pressure businesses into offering pensions for retirees.
He pushed for legislation that required younger people to give their jobs to the elderly.
He advocated for a new sales tax intended to give elderly retirees a guaranteed income.

Answers

Answer:

i gotchu

Explanation:

His formation of "Townsend clubs" helped pressure the government into creating social security.

Answer:

A.

Explanation:

His formation of “Townsend clubs” helped pressure the government into creating social security.

Regina has chosen a ringtone for her phone that is called Ode to Joy. This is actually a famous melodic theme. Who composed this famous work?

Tchaikovsky


Liszt


Brahms


Beethoven

Answers

the answer is beet hoven

What is the moral of the Mid-Autumn festival to eat moon cakes

Answers

Answer:

Mooncakes were originally used to offer sacrifices to the Moon God. Later, people began to appreciate and taste the moon cakes as a symbol of family reunion. Gradually, mooncakes became a necessary gift for festivals

Explanation:

What happened as southern Democrats gained power?

Answers

They passed segregation laws.

How did the US government try to assimilate American Indians? Select all that apply.

Answers

Answer:

Did not recognize tribes as independent nations

• Signed treaties with American Indians

• Refused to help American Indians

• Treated American Indians as individual

Explanation:

Louis XIV ruled
a. through several councils of state.
b. through military commanders.
c. through the Estates General.
d. through the clergy.

Answers

Answer:

c. through the Estates General.

Answer:

c. through the estate general

The caste system helped rulers mantain power in Ancient India
by

Answers

The caste system helped rulers maintain power in Ancient India by: giving everyone an opportunity to better themselves through hard work. After converting to Buddhism, Aśoka issued edicts about all of the following ideas, except: direct democracy.

What's your comment on Rwanda deportation from uk

Answers

Answer: HE COOL

Explanation:

YEA

what is the major difference between the trans siberian trade routes nd the silk road

Answers

The major difference among them is that Tran-Saharan trade routes were primarily land based and the silk road was both land and sea based.

What was unique about the trans-Saharan trade and silk road?

The trans- Saharan trade route basically connected the Sub-Saharan, North-Africa and the Mediterranean. The primary source of trade in trans-Saharan trade was the camel. The essential commodities in the trans-Saharan trade were Salt, gold, and slaves.

Silk Road was the exchange of culture such as art, religion, philosophy etc. This road was named silk road because the major and main trade was "Silk".

Silk road also carried the trade with commercial goods from country to country.

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Question 3 of 10
Which statement best summarizes Lester Maddox's opposition to the Civil
Rights Act of 1964?
A. He did not want African Americans working as employees of the
government.
B. He thought the federal government should not be able to control
business practices.
OC. He thought the law was unnecessary, as state laws were already
in place to eliminate segregation.
OD. He felt that the federal government could not enforce the law
effectively.

Answers

C. He thought the law was unnecessary as state laws were already in place to eliminate segregation.

Civil Rights Act 1964 :-

The Civil Rights Act of 1964 is a landmark Act dealing with the civil rights of people in the United States that prohibits any kind of discrimination based on race, caste, creed, religion, sex, or origin.

Purpose of The Civil Rights Act 0f 1964 :-

The Civil Rights Act of 1964 prohibits discrimination on the basis of race, color, religion, sex or national origin. Provisions of the Civil rights act forbade discrimination on the basis of sex, as well as race in hiring, promoting and firing.

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How did geography affect people?

Answers

Answer:

Geography doesn't just determine whether humans can live in a certain area or not, it also determines people's lifestyles, as they adapt to the available food and climate patterns. As humans have migrated across the planet, they have had to adapt to all the changing conditions they were exposed to.

Explanation:

Which court case strengthened the Jim Crow laws? Plessy v. Ferguson. Brown v. Board of education

Answers

Plessy v. Ferguson is a court case strengthened the Jim Crow laws. Over the subsequent 50 years, the Plessy v. Ferguson ruling upheld the fundamental idea of racial segregation.

What effect did Plessy vs Ferguson have on Jim Crow laws?

Segregation established legal in 1896 when the Plessy v. Ferguson court declared that the "inherently unequal" law did not breach the 14th Amendment's assurance of equal treatment under the law.

Jim Crow laws, which were designed to keep races apart, were developed in many southern states.

Thus, option A is correct.

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Answer:

plessy v. ferguson

Explanation:

What does Taft believe about the United States' foreign policy?

Answers

Answer:

His policy, which became known as Dollar Diplomacy, was to encourage and protect American trade and investment in Latin America and Asia. Taft believed that a strong economic presence abroad would advance American interests. Taft claimed that Dollar Diplomacy would limit the use of force overseas.

Why did many question whether slavery had really died during the Reconstruction period from 1865-1877? according to civil war? please explain and give example for justify opinion

Answers

Reconstruction was the period in U.S. history following the Civil War, from 1865 to 1877 when the country tried to requital slavery and its heritage and to bring 11 countries back into the Union.

Why did many question whether slavery had really died during the Reconstruction period from 1865-1877? according to civil war? please explain and give example for justify opinion

Reconstruction, in U.S. history, the period( 1865 – 77) that followed the American Civil War and during which attempts were made to requital the injuries of slavery and its political, social, and profitable heritage and to break the problems arising from the readmission to the Union of the 11 countries that had seceded at or before the outbreak of war.

Long portrayed by numerous chroniclers as a time when vengeful Radical Republicans fastened Black supremacy upon the defeated Confederacy, Reconstruction has since the late 20th century been viewed more sympathetically as the estimable trial in interracial republic. Reconstruction witnessed far-reaching changes in America’s political life.

At the public position, new laws and indigenous emendations permanently altered the civil war system and the description of American citizenship. In the South, a politically mustered Black community joined with white abettors to bring the Republican Party to power, and with it a redefinition of the liabilities of government.

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I’m the years following World War II, the United States established a policy of containment to
O keep the countries of Eastern Europe from becoming communist.
O ensure that communism was contained to the Soviet Union only.
O eliminate all communist governments throughout the world.
O prevent the spread of communism outside of Eastern Europe.

Answers

To prevent communism from spreading outside of Eastern Europe.
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