answersLogoWhite

0

During the Gilded Age, the stark economic divide between the wealthy elite and the working poor led many to believe that socialism could address systemic inequalities. Advocates argued that socialism would promote wealth redistribution, improve labor conditions, and provide essential services, thus ensuring a more equitable society. Furthermore, the rapid industrialization and exploitation of labor fueled discontent, prompting calls for an economic system that prioritized collective welfare over individual profit. This desire for social justice and economic reform resonated with those suffering from the consequences of unregulated capitalism.

User Avatar

AnswerBot

1d ago

What else can I help you with?

Related Questions

Do you believe in Mary?

Do I believe she existed, yes I do.


Do Jews believe Mohammad existed?

There is no reason to not believe that Mohammed existed. However, he plays no role at all in Judaism.


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.


What types of economic activity existed in mesopotamia?

nothing :P


Is Obama leading us to socialism?

No he is not leading us to Socialism, Socialism is when the government owns everything, and tries to divide it evenly. While I am a socialist, I agree that it wouldn't work in America. Obama is a capitalist, the American economic system, as businesses such as Wal-mart, Krogers, and other supermarkets prove. The bank bail-outs existed because without them the great recession would have been almost as bad as the great depression, and our economy would have been boned. Learn what all of the economic systems are, then make your own WELL INFORMED decision. Another view Many feel he is a Socialist, or at least leans that way. There is no question many of his programs smack of European style Socialism, foremost among them "Obamacare.


How was socialism successful?

Socialism (classless stateless society based on production for use) has never existed.


Which economic system existed in Europe during the early ages?

Manorialism.


How did World War 2 effect the final solution?

Actually no way _____________ the Final Solution would not have existed were it not for WWII


What do Hindus believe about jesus?

Some Hindus believe he didn't exist. Some Hindus believed he existed but wasn't divine. Some Hindus believe that he existed and was divine. It all depends on the Hindu that is asked.


What did sailors believe existed long ago?

Mermaids


When did little john die?

There is no reason to believe he existed.


What can you do for evidence that jesus existed?

Read the Bible and believe it.