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.

just_one_last_goodbye · Answer

i only work for medals -_-

jgirl128 · Answer

A doesn't make sense because adam smith was a capitalist, B I don't believe is correct because thomas malthus believed that famine and disease would be limited but population growth meant that an utopian society couldn't happen, D doesn't make sense because if you're wages increase, your profits don't decrease. C seems to make the most sense.