1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kryger [21]
2 years ago
7

How is socialism similar to capitalism?

History
2 answers:
olga55 [171]2 years ago
7 0

The correct answer is D) the existence of social classes.

<em>Socialism is similar to capitalism in the existence of social classes.</em>

Capitalist economies are based on private property and the free market. In Capitalism, the government does messes up with the economy, which means that it does not exert strong regulation. The free market regulates the economy through supply and demand. People can have private property and increase their wealth. In Socialist countries are the opposite, there is strong central government control in the economy and most of the industry is owned by the government that dictates what to produce, when, how, and the prices of products. In both systems, there are social classes.

adoni [48]2 years ago
3 0
A. Existence of social classes...Under capitalism those who collect another's funds in a voluntary transaction become rich (if they also run their business with a high enough profit margin) whereas under socialism: A "family" (like LBJ's and their Democrat FCC broadcast monopoly "licenses") is "granted" special privileges by the "rulers" and end up from nothing to the 100's of millions
You might be interested in
Religious ideas from which ancient river valley civilization includes ideas that are most like the beliefs of ancient Native Ame
ycow [4]
The anicent Native Americans (just as they are today) were a varied peoples, with varied cultures, and varied religious beliefs which can be compared to many other religions from the ancient world. Therefore, the three equally correct answers are: the Mesopotamians, Hyksos, and Egyptians, since those three were all civilizations based around river valleys.
4 0
3 years ago
Read 2 more answers
How did the United States’ new western territories increase tensions between the North and South
Murrr4er [49]

If your answer choices are,

A.  The new territories reduced the North's dependency on the South for cotton and other raw materials.

B.  The North wanted the new territories to be free states, while the South wanted them to be slave states.

C.  The South was against the expansion of the United States territory beyond the Rio Grande.

D.  The cost of gaining new territories in war harmed the South because its smaller economy couldn’t afford it.

Than your answer is B.  The North wanted the new territories to be free states, while the South wanted them to be slave states.

8 0
2 years ago
Read 2 more answers
What circumstances resulted in the peaceful settelemt of the Oregon dispute between Britain and the United States
Fudgin [204]

Answer:

The United States had more people in the territory than Britain and the United States was not looking for war with Britain when Mexico was ready to fight.

5 0
2 years ago
Mao Zedong government took control of farms in China through
Colt1911 [192]
I could be wrong but I believe it was through collectivization? They took away private farms and made them all owned by the state.
8 0
3 years ago
Read 2 more answers
Why is Louis Armstrong considered a jazz legend?
aalyn [17]
I don't know much about this, but I know it is definitely not A (he is not white).  I also disagree with C, and I don't D is correct, so I would say that Louis Armstrong is considered jazz legend for his ability to play the trumpet and subtle sense of improvisation.
<span />
7 0
3 years ago
Other questions:
  • Which two conflicts were a direct result of the us containment policy?
    12·2 answers
  • Consider the following invention from the American Industrial Era.
    6·2 answers
  • Which of the following statements is true of North Carolina during World War II?
    13·1 answer
  • Which action is an example of an implied power of Congress?
    13·2 answers
  • The first people to the new world came from where?
    9·1 answer
  • Who are your special companion in your journey to God?
    11·1 answer
  • Explain in two paragraphs , the characteristics of the manor system during the Middle Ages. And explain why people lived in this
    8·1 answer
  • What aspects of native culture would colonizers have been interested in preserving?
    8·1 answer
  • Write the function for the graph.
    14·1 answer
  • How significant was opening hampton court palecd to the public?​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!