Infiltration of Socialism: Definition and Variants

AccessibleSine avatar
AccessibleSine
·
·
Download

Start Quiz

Study Flashcards

10 Questions

Strict _______________ can drive up production costs and prices, making it unprofitable for private individuals to operate businesses.

regulations

_______________ or subsidies may occur when businesses become too regulated, costing the nation's people even more.

Nationalization

Sweden offers extensive benefits like paid leave, paid vacations, unemployment benefits, free education, and _______________.

healthcare

Canada's healthcare system, adopted to provide _______________ access, faces challenges like understaffed hospitals and capped doctor incomes.

universal

The United States has also experienced the dangers of creeping socialism, eroding personal _______________ and increasing dependence on the government.

liberties

Socialism is an economic system based on collective ownership and control of national ______.

resources

Between Communism and free enterprise lies various socialistic economic systems like ______ capitalism.

welfare

Socialists achieve their goals gradually through ______ rather than revolution.

legislation

Governments raise ______, print money, or borrow funds to support welfare programs.

taxes

Increased government involvement in the economy leads to more ______ on industries and businesses.

regulations

This quiz covers the definition of socialism and its various variants such as welfare capitalism, managed capitalism, democratic socialism, and market socialism. Explore the differences between these economic systems and their principles.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free

More Quizzes Like This

Use Quizgecko on...
Browser
Browser