Which of the following is a true statement? Socialists like Adam Smith believed the competition typical of capitalism was wasteful. Capitalists like Thomas Malthus believed poverty could be entirely eliminated from society. Socialists like Robert Owen favored a more even distribution of income. Marxists like David Ricardo argued that wages vary inversely with profits.

Question

Which of the following is a true statement?   Socialists like Adam Smith believed the competition typical of capitalism was wasteful.   Capitalists like Thomas Malthus believed poverty could be entirely eliminated from society.   Socialists like Robert Owen favored a more even distribution of income.    Marxists like David Ricardo argued that wages vary inversely with profits.

zale101 · Answer

I have a feeling it's- Socialists like Robert Owen favored a more even distribution of income. Not really sure though.

anonymous · Answer

thanks and I love the hunger games read them 4 times and rereading them now.

zale101 · Answer

Same here, i bought book 1 and book 2 but when the last book came out i ordered it. So i always read these two books whenever i feel like reading them.

anonymous · Answer

oo ya I bought the first as a paper back then I loved it so much i wanted to buy the second as a paper back and they like don't make them as paper backs I was so upset lol but now I own all of them and there amazing just don't let people barrow them I never get mine back. there that good.

anonymous · Answer

Welcome to Open Study @maryww