Question

The prime minister of Equalia has called for the nation's legislators to enact new legislation designed to shift the country away from socialism toward a more capitalistic system. The prime minister acknowledges that some citizens will be unhappy with the radical changes. The most likely source of dissatisfaction with a move toward capitalism is

Answer 1

Citizens of Equalia would likely be dissatisfied with a shift toward capitalism due to concerns over rising economic inequality and the reduction of social welfare systems that are fundamental to a socialist economy.

Step-by-step explanation:

The most likely source of dissatisfaction with a move toward capitalism in Equalia would be the concern over increased economic inequality and the potential loss of social welfare benefits that are characteristic of a socialist system. In a capitalist system, there is often less government intervention in the economy, which can lead to a widening wealth gap and reduced social security nets. Citizens used to the egalitarian distribution of resources and collective ownership of the means of production might be particularly concerned about these changes. Moreover, democratic socialist politicians like Bernie Sanders and Alexandria Ocasio-Cortez have popularized policies aimed at reducing inequality within the framework of a market economy, highlighting the ongoing debate on this issue in even predominantly capitalist countries like the U.S.

Answer 2

The most likely problem to arise due to a shift from socialism to capitalism is unequal distribution of wealth.

Step-by-step explanation:

In a socialist system the businesses and properties are owned by the government. The government ensures equal distribution of income and wealth in the society.

However, in a capitalist system the business and properties are owned by private individuals. People earn income on the basis of their contributions. The government does not interfere in the economy, it's the market forces control the economy.

In a socialist system income redistribution takes place from rich to poor. Such things do not happen in capitalism. So people are mostly to face the problem of unequal distribution of wealth through this shift.