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What does socialism argue should be the government's role in the economy?
Wiki User
∙ 8y ago
Socialism argues that the government should coordinating the economy, subsidizing corporations in the economy, and actively participating in the game of opening, closing, and running businesses.
Wiki User
∙ 8y ago
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What do supporters of socialism generally feel about capitalism?
Socialists generally feel capitalism is an outdated form of organizing an economy that needs to be replaced by a socialist economic system.Capitalism leads to inequality among citizens.
Do Capitalism and Socialism differ in their attitudes about how much control government should have over business and industry?
Generally speaking, Yes. Capitalists argue that the government should have no role or a minimal role in controlling and directing businesses. Socialists argue that the government should either own and direct business or use stringent regulations to guide business activities.
What yearly inflation rate do monetarists argue ensures an adequate money supply for a healthy economy?
An inflation rate of from 1-3% should ensure an adequate money supply for a healthy economy.
Socialism is a utopian concept?
Come the glorious day, Brother. Yes, some of us might argue it is Utopian. But then is Utopia achievable ?
When first envisioned in World War 1 what was socialism and communism suppose to be like?
Marx and Engles were the first to socialism and communism. It stemmed from the harsh factory conditions in the industrialized Europe. People were getting injured and killed from their jobs because no one would stand up for them. Finally, these two men began to think of the utopian workforce. Marx believed that the workers were the ones who should receive the major payment as they were the ones who did the most. Therefore, they should be treated the same as the owners. Socialism is all about equality for those who work. Marx's perfect socialist economy would go from socialist, then end in communism. The first step is to seixe the means of production, the second is dictatorship, and the third communism. Socialists argue that no one has ever given up the dictatorship, so no one has ever truly reached the purely socialist/ communist economy.
What is an argument used by those who favor states' rights?
People who favor states' rights feel that state governments can serve their people better than the national government can. State governments, they argue, should be able to fit laws and programs to the particular needs of their citizens.
How does supply-side ecnomists argue that cutting taxes will benefit the economy?
Cutting taxes would result in more jobs, a more productive economy
What are the views of marxists Feminist?
The founder of he marxist feminist is bolton. They argue for equality for women in the economy.
Is North Korea a socialist regime?
Yes, North Korea is often described as a socialist regime due to its one-party system, state-controlled economy, and emphasis on collective ownership of resources. However, many critics argue that the regime has strayed from traditional socialist principles and point to its authoritarian government as evidence of its deviation from true socialism.
Which of the following is true of a thesis statement?
a;; of the above are correct.
Should you argue with your kids?
No just give them what they want
What is the economic system that promote economic equality?
Not everyone agrees about which economic system best promotes economic equality. Those who advocate for socialism often argue that it's the fairest economic system.
