« previous next »

Author Question: Compare capitalism and socialism in terms of ownership of the means of production, competition, and ... (Read 88 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?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Experimental evidence of the effect of allelochemicals on plant production. Experimental evidence of the effect of allelochemicals on plant production.
Competition in a forest can be as intense as competition on a coral reef. However, much of the compe Competition in a forest can be as intense as competition on a coral reef. However, much of the compe
Temperature Means and Ranges Temperature Means and Ranges
Stem Cell Production Stem Cell Production
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Production of ABO blood group antigens Production of ABO blood group antigens
Video: The pH scale - Strong acids and Weak acids

For a complete list of videos, visit our video library