Answered

Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

In contrast to a capitalist society, how does a person’s income function in a socialist society?

Sagot :

Since3122015
In a capitalist society, a person pays for what they utilize and pays no taxes.

In a socialist society, a person collectively pays for everything publicly funded through taxes.

These are only the definitions of "pure" capitalism and socialism. Currently, no society has such; they have a mix of the two.
Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.