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प्रश्न
Describe the differences or dissimilarities between Capitalism and Socialism under the following heading:
Market Economy versus Planned Economy
उत्तर
The spirit of capitalism is the Market Economy. The economic life is organised according to the forces of demand and supply. The capitalists produce even those goods which are of no utility for the society. It leads to the wastage of valuable resources. The Socialists, on the other hand, placed too much emphasis on a planned economy.
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संबंधित प्रश्न
Mention the two main features of Capitalism.
Name any two of the Early French socialists.
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With reference to the rise of Capitalism, answer the following question:
What was the cause of the rise of Capitalism?
With reference to the rise of Capitalism, answer the following question:
What was the impact of Capitalism on the working class?
With reference to Socialism, answer the following question:
Who was Karl Marx? What is his contribution to Socialism?
With reference to Capitalism and Socialism, state the following:
Difference between Capitalism and Socialism in terms of control means of production.
Socialism can mean a variety of different Ideologies. In this context describe the following:
The Main Ideas of Marx and Engles
