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worty [1.4K]
3 years ago
10

2. Which of the following historical events was most significant in prompting the development of socialism?

Social Studies
1 answer:
arlik [135]3 years ago
8 0

Answer:

A. Industrial Revolution  was most significant in prompting the development of socialism

Explanation:

Socialism is regarded as the doctrine of sociological and political aspects for both public and private ownership that controls natural resources and property. Based on the view of the socialist individuals should not work under isolation.

Further, everything that is produced by individuals is regarded as a social product, and each one who contributes towards socialism has a social share. Therefore it is the responsibility of the society in general have control of properties o benefit all its members.

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The correct answer is letter C. expends the least amount of energy for the greatest result.

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An expert is someone who presents a high level of knowledge or skill in a certain area. Therefore, when asked to perform, experts expend the least amount of energy for the greatest result. They have the necessary information, practice, and experience to deal with the task at hand much more easily than others would. Less energy and time are spent accomplishing the task, but the results present a higher level of quality.

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The cross elasticity of demand for substitute goods is always positive in light of the fact that the demand for one good upsurges when the price for the substitute good increases. For instance, if the price of coffee rises, the quantity demanded for tea (a substitute brew) increases as consumers switch to a more affordable yet substitutable alternative. This is mirrored in the cross elasticity of demand formula as well. Both the numerator (% change in the demand of tea) and denominator (the price of coffee) show positive escalations.

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