« previous next »

Author Question: Compare capitalism and socialism in terms of ownership of the means of production, competition, and ... (Read 89 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jul 2, 2018
Compare capitalism and socialism in terms of ownership of the means of production, competition, and the profit motive.
 
  What will be an ideal response?

Question 2

The region of the United States that has the most poverty is the
 
  a. South.
  b. North.
  c. West.
  d. East.
Essentials of Sociology: A Down-To-Earth Approach ¦ Henslin ¦ 13th Edition
Buy Test-Bank


matt

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 2, 2018
Answer to Question 1

Ownership of means of production: in capitalism, byindividuals; in socialism, by the public. Competition: in capitalism, used to determine production and set prices; in socialism, central committees plan production and set prices, and there is no competition. Profit motive: in capitalism, the pursuit of profit is the reason for distributing goods and services; in socialism, there is no profit motive in the distribution of goods and services.

Answer to Question 2

a. South.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Connell's experimental manipulation of species indicated the presence of competition. Connell's experimental manipulation of species indicated the presence of competition.
Herbivore biomass is positively correlated with net aboveground primary production. Herbivore biomass is positively correlated with net aboveground primary production.
Succession in the intertidal zone involves colonization and competition for limited space among spec Succession in the intertidal zone involves colonization and competition for limited space among spec
Terms Related to Abnormal Blood Pressure Readings Terms Related to Abnormal Blood Pressure Readings
How People Match Their Goals to Their Means How People Match Their Goals to Their Means
British Iron Production, 1600–1870 British Iron Production, 1600–1870
Video: Subunits of DNA And Semi Conservative Replication

For a complete list of videos, visit our video library