What are the pros and cons of a socialist economy
Asked by admin @ in Mathematics viewed by 239 People
What are the characteristics of a socialist economy? What are the pros and cons of this type of economy?
Asked by admin @ in Mathematics viewed by 239 People
What are the characteristics of a socialist economy? What are the pros and cons of this type of economy?
Answered by admin @
Answer:
The pro is Political Control, the cons, however, are many.
Step-by-step explanation:
However, A Socialist Economy cons outweigh its pros. The only thing that is a PRO is you dictating it, preventing people from success. Wanna know the cons? The Cons are more Regulations, to which chokes more businesses of their money, they function, & motive. To which it has a chain reaction of: The Businesses not employing people, more people are out of work, which means more people ain't buying stuff to support the businesses, which means the businesses are out of business, they shut down.
The Economy ain't something that you can stop, or go, & it ain't statistics. An Economy is just.. people, that's it. It's just people, they are the ones that work, run businesses & factories, they are the ones that buy N' sell. They create, craft, invent, innovate, etc.
Here's a quote that I have: "The more you choke it from breathing in, the less it breathes out". That's my stance on regulation & Socialism, to which Socialism is just Voluntary Communism, & A Permanent Ideological belief that Big government Involvement is the way to go.
To which, it's not!
Asked by maham237 @ in Social Studies viewed by 288 persons
Asked by maham237 @ in Social Studies viewed by 322 persons
Asked by maham237 @ in History viewed by 308 persons
Asked by admin @ in Computer Science viewed by 375 persons
Asked by admin @ in Computer Science viewed by 298 persons
Asked by maham237 @ in Physics viewed by 358 persons
Asked by maham237 @ in Computers And Technology viewed by 337 persons
Asked by admin @ in Biology viewed by 295 persons
Asked by admin @ in English viewed by 278 persons
Asked by wiki @ in Health viewed by 1298 persons
Asked by wiki @ in Social Studies viewed by 755 persons
Asked by vanshika149 @ in English viewed by 1157 persons
Asked by rajesh064 @ in English viewed by 1327 persons
Asked by jaylord7 @ in Mathematics viewed by 1109 persons
Asked by maham237 @ in Mathematics viewed by 18360 persons
Asked by admin @ in Mathematics viewed by 8161 persons
Asked by admin @ in Mathematics viewed by 5784 persons
Asked by maham237 @ in Mathematics viewed by 3936 persons
Asked by maham237 @ in Mathematics viewed by 3253 persons
Asked by maham237 @ in Mathematics viewed by 2925 persons
Asked by maham237 @ in Mathematics viewed by 2794 persons
Asked by maham237 @ in Mathematics viewed by 2584 persons
Asked by maham237 @ in Mathematics viewed by 2481 persons
Asked by maham237 @ in Mathematics viewed by 2431 persons
Asked by maham237 @ in Mathematics viewed by 2420 persons
Asked by maham237 @ in Mathematics viewed by 2076 persons
Asked by maham237 @ in Mathematics viewed by 1794 persons