A major difference between socialism and capitalism resides in how likely meritocracy is to flourish .
Socialism, in its rightest essence, would ensure that every individual within society enjoyed the same opportunities at the core (quality health, food, education). Naturally, some of these subjects would thrive more than others and therefore be promoted by society to hold higher levels of responsability and reward.
However, the lesser gifted would never be at a disadvantage. They could still count on standard quality support by the same society and equal opportunity for their offspring to pursue their own ambitions.
On the contrary, capitalism creates a societal gap by supporting inherited advantage. In summary, a capitalist society provides better core opportunities for a group of citizens and their offspring regardless of their innate ambitions. The disadvataged group and their offspring then receive a less than standard core support which predisposes them for hardship in the pursue of societal reward.
Answer:
See Below
Explanation:
Sole Proprietorship -> All profits retained
Partnership -> Sharing of profits
Corporation -> Profits paid out as dividends
Government corporation -> No profits made
It established selective service draft of young men in the US is the US escalate its own efforts to win the Vietnam War in the late 1960s.
<h3>What was the Vietnam War?</h3>
Vietnam War is taken place at the time of independence against the French colonial rule, which evolve in the Cold War. The Vietnam War was fought between the North Vietnam and its allies in South Vietnam, which is also called Viet Cong.
Thus, option B is correct.
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It didn't. the civil war was in the 1860's while the industrial revolution was at the turn of the 20th century.