InterviewSolution
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PERCISES2. Mention any two causes responsible for industelattention in England& What is a Capitalist System* Mention the two main features of Capitatiem5 Mention any two abuses or evils of a Capitalist System6. What is meant by Socialism?7. Name any two of the Early French Socialiste1.161 |
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Answer» 2. Many different FACTORS contributed to the rise of the Industrial Revolution in BRITAIN. The new inventions, access to raw materials, trade routes and partners, social changes, and a stable government all paved the way for Britain to become an industry-driven country.
Capitalist System - Capitalism is an economic system in which private individuals or businesses own capital goods.A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property RIGHTS, the profit motive, and competition. 5. The Evils of Capitalism. Marx was hardly the first thinker to denounce the evils of capitalism. Indeed, anti-capitalism is at least IMPLICIT in much of the Judeo-Christian tradition, with its attacks on greed, materialism, and selfishness. 6. Socialism is an economic and political system. It is an economic theory of social organization. It believes that the means of making, moving, and trading wealth should be owned or controlled by the workers. ... PEOPLE who agree with this type of system are called socialists. 7. Jaurès, Allemane were the two of the Early French Socialist Hope this will surely help you ✍️All the best |
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