What is the primary criticism made against socialism?

The system does not respect individual rights. More test answers on https://studyhippo.com/soc-210-ch-11-politics/

Socialism began as an attempt to correct which disadvantage of capitalism?

Public ownership of farms and factories More test answers on https://studyhippo.com/tci-final-exam-review-guide-1517/

Which of the following explains why Sweden’s economic system is considered a hybrid of capitalism and centrally planned socialism?

Sweden operates a so-called “welfare state.” More test answers on https://studyhippo.com/international-marketing-pearson-my-lab-test-ch-1-4/

Which of the following contributed to the failure of Soviet reforms to strengthen socialism and revive a stagnant economy?

The planned economy was dismantled before a functioning market-based system could emerge More test answers on https://studyhippo.com/ap-world-history-chapter-21-reading-quiz/

From a communist perspective, which of the following is the best definition of socialism?

An intermediate stage on the way to a final goal of social equality and collective living More test answers on https://studyhippo.com/chapter-21-revolution-socialism-and-global-conflict-the-rise-and-fall-of-world-communism-1917-present/

What was NOT an influential political force in Europe by the late nineteenth century? A.) Socialism B.) Social Democracy C.) Absolute Monarchy D.) Feminism

Answer: C Absolute monarchy was an influential political force in Russia in the late nineteenth century but not in Europe. More test answers on https://studyhippo.com/ap-world-history-1750-to-1914-practice-test/

Socialism is an economic system in which there is

Collective control of production More test answers on https://studyhippo.com/soc-ch-12-13-14/

socialism is an economic system in which there is:

government control of production More test answers on https://studyhippo.com/5566-2/

What did ”building socialism” mean to communist party leaders?

Modernization and industrialization More test answers on https://studyhippo.com/chapter-21-231794/

Eisenhower used the term “creeping socialism” to refer to

federal governments continuing aid to businesses. More test answers on https://studyhippo.com/history-chapter-27-test-answers/

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Socialism Flashcards, test questions and answers

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What is Socialism?

Socialism is an economic and political system that advocates for public ownership of the means of production, which is used to produce goods and services. It is based on the principle of collective ownership and control of resources in order to maximize the benefit for all members of society. Socialism differs from capitalism in that it seeks to create a more equal distribution of wealth and power, as opposed to allowing private individuals or corporations to take advantage of their economic or political clout.In a socialist society, the government takes responsibility for ensuring that everyone has access to basic necessities such as food, housing, healthcare, education and other essentials. This ensures that all citizens have an opportunity to reach their full potential without hindrance due to lack of resources. Additionally, since all citizens are treated equally under socialism, it helps reduce disparities between social classes by creating more opportunities for upward mobility.The main goal behind socialism is social justice: it seeks to ensure that everyone has access to the same rights regardless of their race, gender or class so they can live a life with dignity and respect. To achieve this goal, socialists focus on providing public services like healthcare and education at no cost or low cost so everyone can benefit from them without worrying about financial constraints. Additionally, socialist governments typically enact laws that protect workers’ rights by setting minimum wages or establishing regulations related labor safety standards.