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AnnyKZ [126]
3 years ago
12

Explain ONE way in which a global capitalist economy affected social structures in the period 1750

Social Studies
1 answer:
Sidana [21]3 years ago
5 0

Answer:

Social classes and urbanization would be the answer to this question.

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Answer: Friedrich Hayek’s work The Road to Serfdom argued that centralized Economic Planning ultimately threatened liberty. Conservatives used this book to justify a reduced role for the state in the economy, by equating fascism and socialism with the New Deal.

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Centralized Economic planning is key to socialism as a method to ensure equality, but Hayek argued that central planning forces the will of a few people on the public. This is not socialism but dictatorship.

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this should help if not let me know!

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