Which of the following is a true statement?

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

Question

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

anonymous · Answer

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