What has taken place historically, that has left American’s distrusting Socialist ideas?

History

1 answer:

xenn [34]2 years ago

7 0

Answer:

Socialist countries have a tendency to develop too many layers of bureaucracy, capitalism seems filled with faults, and in the eyes of socialism's critics, the smooth running of an economy is too complex to be directed by central planners. Disadvantages of socialism include slow economic growth, less entrepreneurial opportunity and competition, and a potential lack of motivation by individuals due to lesser rewards.

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