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3 years ago

How is socialism similar to capitalism?

History

2 answers:

olga55 [171]3 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]3 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

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2 years ago

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stira [4]

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Explanation:

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3 years ago

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NISA [10]

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3 years ago

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masha68 [24]

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3 years ago

Read 2 more answers

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Alekssandra [29.7K]

1. The four states of United States that border Mexico are Texas, New Mexico, Arizona, and California. There are multiple similarities between these four states, be it in their geography or culture. The most striking similarities are that all of these four states have a very percentage of population that has Mexican ancestry, and that the Spanish language is commonly used, but at home and officially. There are two main reasons for this. One of them is that these states were once part of Mexico, so when the United States managed to conquer them, they encountered mostly Mexicans, which did not returned to Mexico but stayed in the United States. Another reason is that they border with Mexico, so the Mexicans that migrate toward the United States mostly end up in these states, or are there for at least some time.

2. The differences between these four states can be mostly seen in their economies and their cultures. The economies of these four states are all different. Texas for example is focused on the oil reserves, as well as large scale farming and ranching, while California is mostly focused on the tertiary sectors, such as its famous movie industry. The culture too differs in all of these states, which is actually a trait of any state in the United States as all of them have something specific about them. The Texans tend to be more rough, love weapons, and are much more conservative. The Californians tend to be much more libertarian, more easy going, and love the spotlight. The New Mexicans and Arizonians are not very open, they tend to be more closed and function in their communities, while not being very willing to engage with ''outsiders''.

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3 years ago