Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives. Under socialism, incentives either play a minimal role or are ignored totally.
Not nececarraly sometimes it may tell some false this but other than that yes.
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<span>Monetary and Fiscal policy both impact our economy, and have similar goals such as trying to keep inflation at a low rate, helping to achieve full employment and maintain economic growth.The difference between monetary and fiscal policy is that monetary policy is typically implemented by a central bank, while the fiscal policy decisions are set by the national government.
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