How does socialism differ from capitalism?

2 answers:

7 0

Hey there!

How does socialism differ from capitalism?

Answer: 
D. Socialism attempts to redistribute wealth, but capitalism does not

Hope this helps
Have a great day (:

tia_tia [17]3 years ago

5 0

D. Socialism attempts to redistribute wealth, but capitalism does not.

Capitalism is built around the pursuit and protection of one's private property. Early ideas of capitalism began with thinkers like Adam Smith in the late 18th century. In a purely capitalistic system, there would be no income redistribution by taxing those who succeed at business in order to give aid to those who aren't as successful.

Under socialism, members of a society contribute to each other's needs and provide help to one another. The earliest socialist efforts were somewhat small-sized communities or groups that lived and worked together cooperatively, such as the factory town reformed by Robert Owen at New Lanark, Scotland. In the modern world, socialism generally means national measures through taxes and government programs so that those with more resources in terms of private property provide aid to those less well off.

We'll add a note here about communism, which was an extension of socialism. Communism was called "scientific socialism" by its founders, Karl Marx and Friedrich Engels. The "science" of it believed it was the inevitable path of economic history. It expands the socialist project so that all members of a society have all in common and everything equal. There is no private property; all is intended to operate communally.

Most modern governments incorporate elements from more than one system. China is governed as a communist nation but pursues many capitalistic endeavors. The United States runs on capitalism, but there are many government-run social programs (a form of socialism) that provide aid to those in need.

You might be interested in

At the onset of WWII all of the following countries fall to the Nazi’s except a. Poland c. Spain b. France d. Czechoslovakia

NARA [144]

D. Czechoslovakia is correct. All others had been concered by Hitler and Nazi Germany.

3 0

2 years ago

Read 2 more answers

What state was the first of the 13 colonies to ratify the u.s. constitution?

leonid [27]

Answer:

Delaware

Explanation:

Delaware ratified the Constitution on December 7, 1787.

4 0

2 years ago

Read 2 more answers

Match the correct term with the definition. Question 12 options:

mr_godi [17]

1. Proclamation of 1763 2. Declaration of Independence 3. Articles of Confederation 4. Constitutional Convention 5. Great Compromise

6 0

2 years ago

Read 2 more answers

What would you have done if you were one of the soldiers defending the czar during the riots?

aleksklad [387]

This Question Is one I can not answer. The question is what would YOU do, not me. But Think about this: What kind of position did the soldiers have? Where they attacking? Defending? Losing? Winning? what must have been going on in there heads? Try putting yourself in that position. If you need to, go in the lesson and find out more about the riots on czar.

8 0

2 years ago

1. Who is the man in this cartoon as a baby, teenager, young adult, adult, and elderly man? (1 point) 2. Who does this man repre

Shalnov [3]

1. The man in the cartoon as a baby, teenager, young adult, adult, and elderly man is Uncle Sam. The cartoon refers to the United States of America and its government and how it changed throughout the years. You can deduce who this is by looking at the clothes these people are wearing - red, white, and blue, the same colors as the American national flag.

2. The man represents America, as I said, and its expansionist ideology which started as soon as it got its independence from Britain. America fought for a long time for its freedom from its 'mother' and oppressor, and ever since it got what it wanted, it never stopped growing.

3. I believe the message of the cartoon is that America became corrupted over the years while it was looking to expand its territory. It started off as an innocent child, and ended up being a fat capitalist who only thinks about profit. The artist is showing this decline of values in America.

4. The result is that ironically, while America grew bigger and stronger, it also grew more unemotional and corrupt. You can see the final man's facial expression - he looks fat, content, and evil, having conquered everything that could be conquered and taken it for himself.

5. I would say the artist is definitely opposed to imperialism. Just by taking a look at the progression of these people, from an innocent baby, to a not-so innocent child, to a Napoleonic-looking USA, to the great Lincoln, and finally to a fat, cruel capitalist, you can see that the author believes imperialism and America's expansionist nature led it downwards in regards to values, not money.

8 0

3 years ago