Wednesday, March 18, 2015

Seesion 15) which is best for best economic growth for any country? 1) Socialism 2) Capitalism

2 comments:

Unknown said...

There is no definite way we can decide which system a country should adopt. If there is socialism everywhere then many people will be taking a free ride because they know they would get the same return (compared to hard working people) anyways. This wont prove to be a fair system leading to protests and disharmony in the society. The reward system according to the work is present in the capitalist society which in a way has resulted to exploitation of the lower classes. Therefore, I believe that a mixture of both the system should be adopted.

Unknown said...

There is no specific way to define the society, we need flexibility in everything but a basic structure is very important to hold any kind of system together.