1 / 3

Socialism Addition to Economies

Socialism Addition to Economies. What Changes our Capitalism into Socialism?. Economic system mixed with government involvement/regulation U.S. Postal Service Amtrack Medicare, Medicaid AFDC Social Security Unemployment Compensation FTC EPA BRINGS US TO A MIXED CAPITALIST SYSTEM.

hiroko
Download Presentation

Socialism Addition to Economies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Socialism Addition to Economies

  2. What Changes our Capitalism into Socialism? Economic system mixed with government involvement/regulation • U.S. Postal Service • Amtrack • Medicare, Medicaid • AFDC • Social Security • Unemployment Compensation • FTC • EPA BRINGS US TO A MIXED CAPITALIST SYSTEM

  3. What is SOCIALISM? • State ownership of means for producing goods and services. • A Socialist economy has 3 basic characteristics: 1.State owns major factors of production 2.Central planners determine many of the three basic questions 3.There is an attempt to distribute income equally. As in all 3 basic economies… socialism is determined by degrees…explain!

More Related