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pochemuha
3 years ago
9

How was socialism a response to capitalism

History
2 answers:
Luda [366]3 years ago
8 0

Answer: Socialism arose in the early 1900's at a time that the US was not in it's best economically. Of course, the economy was great, but only business owners and members of the government were making a lot of money. Common people of the US thought that if socialism were implemented in the country, everybody would get a share of the wealth, which is something they thought wasn't happening with capitalism.

ANEK [815]3 years ago
7 0

Answer:Socialism emerged as a response to the expanding capitalist system. It presented an alternative, aimed at improving the lot of the working class and creating a more egalitarian society. In its emphasis on public ownership of the means of production, socialism contrasted sharply with capitalism, which is based around a free market system and private ownership.

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Explanation:

The trustees were unable to establish self-government and gave up before the 21 year charter had expired. Freemen were given the right to vote (unless they were Roman Catholics) and the people elected an assembly. The governor was appointed by the king.

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