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.

Answer 1

@justuu its oka thanks tho =)

Answer 2

i will try to help you okay @chann

Answer 3

i crossed out D. @brucebaner and great thanks

Answer 4

Socialists like Robert Owen favored a more even distribution of income.

Answer 5

i believe that is correct because adam smith was a captalist and only answer that stand is C. @brucebaner

Answer 6

so their you go it C @chann

Answer 7

thanks @brucebaner

Answer 8

np maybe a medal? plz

Answer 9

thx so much

Answer 10

do you have more question

Answer 11

do you have more question @chann

Answer 12

Uhm Not really im just working on this question right now Use the following excerpt from Robert Owen to answer the question below:

"Train any population rationally, and they will be rational. Furnish honest and useful employments to those so trained, and such employments they will greatly prefer to dishonest or injurious occupations. It is beyond all calculation the interest of every government to provide that training and that employment; and to provide both is easily practicable."

Source: A New View of Society - Essays 1813-1816, Robert Owen

In what way might Adam Smith have disagreed with this statement?

Answer 13

@brucebaner

Answer 14

the answer was correct =) @brucebaner

Answer 15

yay

Answer 16

im sorry i dont now this one im so so sorry

Answer 17

oh thats fine i knew it . @brucebaner

Answer 18

see you smart @chann i believe in you