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What were the pros and cons of socialism during the Industrial Revolution?​

User Jesse S
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1 Answer

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20 votes

Answer:

Step-by-step explanation:

Socialism Pros

Better education opportunities

Minimum wage

Socialism can provide minimum basic income

May improve conditions of the general public

Socialism Cons

Government failure

Socialism may take away incentive to work

Sovereign default

Politicians can get too much power

Hope this helped!!!!!

User Tkr
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