The differences that exists between welfare capitalism and classical liberalism is that:
- Welfare capitalism is directed towards the employers of labor while classical liberalism is directed towards the government.
- free market principles are mixed together with laws from a welfare state in welfare capitalism, while classical liberalism is about the limitation of the powers of the goverment.
- Classical liberalism is concerned with the protection of freedoms of citizens, welfare capitalism is mostly about the market.
<h3>What is classical liberalism?</h3>
This is a market system that is mostly about the laissez faire system in an economy. It is one that advocates for free markets.
<h3>What is the welfare capitalism in a country?</h3>
This is one that involves businesses and firms providing welfare services to the people that they employ.
Read more on classical liberalism here: brainly.com/question/12500157
The answer is: D. An increase in literacy rates can lead to a higher standard of living
Literacy rates affect how well people would be able to learn new and a more advanced skills. This mean that higher literacy rates would give the countries in latin america more high-skilled labours.
The more high-skilled labours that a country have, the more efficient the production that they can do, leading up to an increase in GDP and higher standard of living for people in that area.
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Answer:
it was the committee for public safety. send me a question if i didnt answer this correctly, or if you need more detail as to what it was like.
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