Capitalism is more economically productive than socialism, and capitalism also creates greater economic inequality.

A. True
B. False

Question

05-08-2024
Social Studies

Answered

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Capitalism is more economically productive than socialism, and capitalism also creates greater economic inequality.

A. True
B. False

Sagot :

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Select The Correct Answer

GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-08-05T14:27:26-04:00

Final answer:

Capitalism is more economically productive than socialism, but it also creates greater economic inequality.

Explanation:

Capitalism and socialism are two different economic systems with distinct characteristics. Capitalism is often seen as more economically productive due to its emphasis on profit and incentives for innovation. However, capitalism also leads to greater economic inequality compared to socialism, where wealth distribution is more equal. People can become very rich or poor in capitalist nations.

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Sagot :

Final answer:

Explanation:

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