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Does socialism have positive or negative effects on people?​

1 Answer

10 votes

Answer:

“Socialism” is a negative for most Americans, but certainly not all Americans.

Step-by-step explanation:

Overall, 29% say they have a positive reaction to the word “socialism,” while 59% react negatively.

Production in a capitalist economy focuses on what is profitable, while production in a socialist economy focuses on what is needed.

In a capitalist economy, profit is kept individually, while profit is shared in a socialist economy.

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