https://padlet.com/jquijada21/gbsy2lhb616esgwr Pros and Cons. Jose Q, Angel Z, Joselyn S, Jose E en-us 2022-06-13 16:09:10 UTC 2022-06-13 16:36:50 UTC hello@padlet.com jquijada21 https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732781 Socialism is, broadly speaking, a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government. Socialism is based on the idea that common or public ownership of resources and means of production leads to a more equal society]]> 2022-06-13 16:09:10 UTC https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732781 jquijada21 https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732782 Socialism refers to severeal economic models in which the community shares ownership over the means of producing goods and services.Under socialism,representative organizations which include government agencies or trade unions.]]> 2022-06-13 16:09:10 UTC https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732782 jquijada21 https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732783 Some of the criticism of socialism are claims that it creates when it is distorted or absent for prince signals ]]> 2022-06-13 16:09:10 UTC https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732783 jquijada21 https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732784 Socialism has been successful for only countries that have seen success in adopting socialism into their life. ]]> 2022-06-13 16:09:10 UTC https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732784 jquijada21 https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732785 I would like to live in this type of system because it seems okay and it doesn't seem like constant protesting. ]]> 2022-06-13 16:09:10 UTC https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732785 jquijada21 https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732786 <sub>-Capitalism is based on an economic system in which private actors own and control property in accord with their interests.
-Demand and supply freely set prices in markets in a way that can serve the best interests of society.
- The essential feature of capitalism is the motive to make a profit.</sub>

]]> 2022-06-13 16:09:10 UTC https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732786 jquijada21 https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732787 capitalist systems are controlled by market forces where capital goods are owned by businesses and private individuals.]]> 2022-06-13 16:09:10 UTC https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732787 jquijada21 https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732788 Some believe that capitalism can only be overcome through revolution while others believe that structural change can come slowly through political reforms.]]> 2022-06-13 16:09:10 UTC https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732788 jquijada21 https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732789  The older 19^th century or current European sense to mean a free and open society that combines political freedom, civil liberty, and economic freedom.]]> 2022-06-13 16:09:10 UTC https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732789 jquijada21 https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732791 Yes, I would like to live in this type of system because we all have the same opportunities to grow. It just depends on how much you want to succeed and you have to take those opportunities to reach your goals. ]]> 2022-06-13 16:09:10 UTC https://padlet.com/jquijada21/gbsy2lhb616esgwr/wish/2219732791