Question

Professor simmons will be lecturing to his students on how capitalism and socialism converge. he will discuss how the capitalist u.s. government imposed anti-trust laws limiting corporations, while communist china has allowed individuals to own businesses. professor simmons will be discussing

Answer 1

Professor Simmons will discuss the convergence of capitalism and socialism, highlighting the examples of anti-trust laws in the U.S. and private ownership of businesses in China.

Step-by-step explanation:

Professor Simmons will be discussing how capitalism and socialism converge, specifically focusing on the examples of anti-trust laws in the capitalist U.S. government and the allowance of individuals to own businesses in communist China. This convergence theory suggests that some capitalist countries have features that resemble socialism, such as government ownership of certain industries and the existence of public programs. On the other hand, communist countries like China have allowed some elements of capitalism, such as private ownership of businesses. Professor Simmons will likely explore how these different economic systems intersect and influence each other.

Answer 2

Professor Simmons will be discussing Convergence Theory. It states that all industrial systems, whether capitalist or communist, would converge in their social, political and economic systems because of the determinant effects of technological development.