Comparative Systems-Socialism

I have a problem in economics on Comparative Systems- Socialism. Please help me in the following question. From roughly 1890 till year1990 or thus, the main challenger of capitalism was: (1) Monarchy. (2) Fascism. (3) Socialism. (4) Anarchism.

Select the accurate answer.

View Complete Question

Related Questions in Public Economics

Q : Limitations of economic resources Hey

Hey friends please give your opinion for the problem of economic resources that is given below: Resources (factors of production) do NOT comprise: (i) entrepreneurship. (ii) competition. (iii) land. (iv) capital. (

Q : Founder of utilitarianism Jeremy

Jeremy Bentham [from 1748 to 1832] was: (1) the owner of a pet pig he permitted to roam by his mansion. (2) the founder of utilitarianism. (3) appointed to the Board of Trustees of the University of London, and keeps on the Board today. (4) stuffed an

Q : Occurrence of good or service scarce in

A good or service is scarce when people: (w) would benefit from its reduction. (x) wish more than the amounts freely obtainable. (y) cannot enjoy this simultaneously. (z) can freely consume all they want.

Q : Entry-exit of competitive firms in long

When a typical firm in a perfectly competitive industry is earning profits, in that case: w) all firms will carry on earning profits. x) new firms will enter into the long run causing market supply to reduce, market price to rise and

Q : Punishment to criminals devoid of

The early philosopher who argued about criminals must be punished proportionally to the harm completed to society, but without consideration of remorse, intent or motive was: (1) John Stuart Mill. (2) Edwin Chadwick. (3) Jeremy Bentham. (4) Adam Smith. (5) Aristotle.<

Q : Savings as big investment The Economic

The Economic growth in a proficient economy will tend to increase when: (1) Capital quickly depreciates and becomes obsolete. (2) Threats of war divert resources to the national defense. (3) People’s savings increase to permit bigger investment. (4) Funds for re

Q : Who thought Murderers do more harm than

Murderers do more harm than shoplifters; therefore they must be punished proportionally more harshly as per the school of thought developed through: (i) medieval scholar Thomas Aquinas. (ii) Chinese leader Mao Zedong. (iii) lawyer and social reformer Jeremy Bentham. (

Q : Requirements of Economic Efficiency

Economic efficiency needs: (w) distributive, productive and allocative efficiency. (x) engineering and dynamic efficiency. (y) historical and sociological efficiency. (z) chemical and physical efficiency. How can I

Q : Explain about the Economic Scarcity

Economic scarcity: (w) will eventually be removed by technological progress. (x) is synonymous along with an economic shortage. (y) cannot exist within a market economy. (z) will exist as long as human needs exceed the goods we can produce using our r

Q : Law of diminishing returns The idea

The idea that costs ultimately grow faster than output if output is expanded obeys logically from the law of: (i) Increasing expectations. (ii) Raising returns to scale. (iii) Diminishing returns. (iv) Demand and supply. (v) Rational effects.

Discover Q & A

Leading Solution Library

Avail More Than 1451202 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1939325
Asked

3,689

Active Tutors

1451202

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment