Which of the following is a true statement? (5 points)

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? (5 points) 
  
 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

dragonslayer · Answer

@MysticFury

mysticfury · Answer

did you ever find the answer? my best guess would be C https://en.wikipedia.org/wiki/Utopian_socialism