Which of the following is a true statement? (5 points)
Group of answer choices
Socialis...
History, 18.02.2021 17:10 americus777oz2aze
Which of the following is a true statement? (5 points)
Group of answer choices
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.
Answers: 1
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