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Contact [7]
3 years ago
5

Why did some believe that a form of socialism was a solution to the economic divide that existed in the United States during the

glided age?
History
1 answer:
Igoryamba3 years ago
7 0

Answer:

Because of two main reasons:

  • Socialism was on the rise during the late 19th century, which is the same period that corresponds with the Gilded Age. This is because in essence, the most important socialist works, like Marx's the Capital were released shortly before.
  • Socialism in essence is an ideology that promotes equality. The goal of socialism is to end the exploitation of capitalists and give the means of production to workers. Many people in the Gilded Age, believed that these measures would help reduce economic inequality.

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While the economies of countries like the United States are generally considered capitalist they are not pure market economies
Neporo4naja [7]

Answer:

False

Explanation:

The characteristic of a capitalist economy is  private ownership of businesses and means of production. It depends on free market for income prices and distribution of goods. while a socialist economy is characterised by government intervention for allocating the resources among its populations, prices are determined by the government.

Most of the countries today are mixed economies in which features of both capitalist and socialist economies are utilised as pure free market economies are prone to slowdowns,  such a slowdown started in October 1929 in US. After that US government started to intervene in economic activities to achieve social aims. Mixed economies maintain private ownership and control of the means of production under government regulation, some industries are also under government control to  produce public goods.

<em>US is a mixed economy.</em>

5 0
3 years ago
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Why is alliance system a cause of world war 1?
Nina [5.8K]

The war started mainly because of four aspects: Militarism, Alliances, Imperialism and Nationalism. ... The alliances system meant that a local conflict could easily result into an intimidating global one. The overall cause of World War was the assassination of Archduke Franz Ferdinand.

3 0
3 years ago
Who was issac Woodard
ira [324]

Answer:

Isaac Woodard Jr. was a decorated African-American World War II veteran. On February 12, 1946, hours after being honorably discharged from the United States Army, he was attacked while still in uniform by South Carolina police as he was taking a bus home.

Explanation:

4 0
3 years ago
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Concessions sold by Persia were an attempt by the ruler to raise much needed funds to develop their own resources.
Afina-wow [57]

Answer:  True

Explanation:   Concessions by the Persian government in the Qajar period included grants of political and extraterritorial rights to the Russian and British governments, as well as monopolies, contracts, and licenses to British and Russian citizens and companies to carry on specific economic activities on Persian territory.

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Who knows where Crestview Florida is
Igoryamba

Answer:

i do?

Explanation:

3 0
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