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39 votes
39 votes
50 POINTS HELP ASAP ! PLEASE MAKE SURE TO READ MY QUESTION CAREFULY.

what are the effects of these events bellow. Please answer rightfully not for points.



1 .No Single Central Bank



2. Increase income tax as you earn more money



3. All property rights would be confiscated



4. No inheritance rights



5. Farming and regional planning controlled



6. Labour market controlled



7. Government owns and controls education



8. Government owns and controls communication and transport



9. Government owns and control factories and agriculture

User Stamos
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2.5k points

2 Answers

11 votes
11 votes

#1

  • It will cause decentralisation of power of banks .
  • Which will be harmful for country.

#2

  • More tax will be collected but popularity of government will be decreased.

#3

  • People may start protest if it happens

#4

  • It will decrease the human rights of community.

#5

  • Crops production will be decreased.

#6

  • Labour's human rights will be downed..

#7

  • Education will be greatly increased

#8

  • Transportation facilities will be increased in huge manner

#9

  • Factories will loose control from products
User Vasudha
by
3.4k points
17 votes
17 votes

Answer:

1. no single central bank: a belief of the whig part in early America was to not have a central bank. a belief in less federal authority and government. 2. increase income tax as you earn more money: progressive tax system is what this is. 3. all property rights would be confiscated: communism is this when all,property (except personal property) would be confiscated this is true socialism, communism. 5. farming and regional planning controlled: socialism. socialism believes in planning regional and other and perhaps farming. 6. labour market controlled : government intervention in the economy. regulation to a great degree. socialism in practice as seen a labour market being controlled I guess it would be properly called 'state socialism.' 7. government owns and controls education: government intervention in the education system to that extent would be also strict socialism and unlikely in totality even in most socialist experiments. 8. government owns and controls communication and transport: government would then be given a way to control movement, freedom of movement. this would limit freedom. 9. government owns and controls factories and agriculture: the means of production , the gross output of economic strength being controlled by a government mean that the government is basically the main leader in everything economic , authoritarian in many ways in it's implications. this is authoritarian state socialism.

User Soul Ec
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3.6k points