According to , the system eventually leads to inequality in wealth, exploitation, and misery of the common masses.
A
Capitalism
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
socialist
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Socialism
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
capitalist
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution
The correct options are C Socialism D capitalist The concept of Socialism arose as a reaction to Capitalism. According to this theory, the capitalist system eventually leads to inequality in wealth, exploitation, and misery of the common masses. Socialism implies that land and other means of production shall be the common property of the people.