Motivations and punishment are the two balancing wheels of the sociali

1.	Motivations and punishment are the two balancing wheels of the socialist system. Give reason.
Answer» In this socialist system, labourers are paid according to their ability and needs. Labourers are encouraged to do more work by increasing their salary, giving them bonus, financial rewards and awards. All these incentives work ownership of business units. Mixed economy is free from any major interference of the state. However, due to as motivation for the labourers. At the same time, if a labourer does not work properly, he is even punished. Punishments like removing from job or transferring the labourer to far-off places are given. Thus, motivations and punishment are the two wheels of the socialist system which balance this system and keep it rolling.

Motivations and punishment are the two balancing wheels of the socialist system. Give reason.

Answer»

In this socialist system, labourers are paid according to their ability and needs. Labourers are encouraged to do more work by increasing their salary, giving them bonus, financial rewards and awards. All these incentives work ownership of business units. Mixed economy is free from any major interference of the state. However, due to as motivation for the labourers. At the same time, if a labourer does not work properly, he is even punished.

Punishments like removing from job or transferring the labourer to far-off places are given. Thus, motivations and punishment are the two wheels of the socialist system which balance this system and keep it rolling.

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