answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What makes socialism less efficient than capitalism?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

African socialism existed before European socialism?

The African socialist movement came into existence after European socialist movements. Socialism originated in Europe during the 19th century, but only became influential in Africa after the second world war during the period of decolonization. African socialism was less about socialism, meaning an alternative to capitalism, and was more about anti-colonialism, anti-imperialism and national development.


A tax always makes a market less efficient true or false?

true


What is the effect of friction on a machine?

Friction makes a machine less efficient by wasting energy.


When a plane lubricant to a pulley, does it make it more or less efficient?

It’s makes a explosion


Marx would have approved of communism in the Soviet Union under Lenin and Stalin?

I really don't think so. Russia never reached the stage of capitalism and we're talking 50-100 years here(could be less). Marx believed in the transformation of capitalism to socialism when it has reached it's height and then to communism.


How can an ergonomic keyboard help me?

It makes work more efficient and will stress your joints less so you can work longer.


How do socialist and communists view capitalism differently?

I believe Socialism is more social control and direct use rather than profit. Money, classes (maybe, but not a wide gap), and state still exist Communism seeks to abolish Capitalism too, but wants a classless, money less, stateless society based on common ownership and means of production


What is the meaning of Democracy is the road to socialism?

It means that if you have a democratic system of government, this will ultimately lead to a socialist attitude to economics and social responsibility. That is because the government would have to respond to the desires of the majority, not those of the most wealthy and powerful, and thus is less favourable to capitalism.


Definitionfor the word socialism?

In theory, its objective is a class-less, government-less society.


Why shouldn't a fridge be over-packed?

because of hygiene +++ Also reduces air circulation so makes the cooling action less efficient.


What is canned news?

a news that effects the parallelism and the tenuous relationship that makes the dynamic of the national press and local press most efficient and less monotonous


How do trains stay on the tracks?

Because there is a magnetic force between the train and tracks. This also makes the train more efficient and so there is less friction.