Question

limitations of socialist system.​

Answer 1

There are various limitations of socialist .

●Socialists can have the right to oppose against the rules and the laws of government .
●The are different socialists parties in our country which aims for the development of the country.
●NO parties can stress the people to give vote .
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Answer 2

Answer:

Disadvantages of socialism include slow economic growth, less entrepreneurial opportunity and competition, and a potential lack of motivation by individuals due to lesser rewards.

Critics of socialism claims that it creates distorted or absent price signals, results in reduced incentives, causes reduced prosperity, has low feasibility, and that it has negative social and political effects.

Economic liberals and pro-capitalist libertarians see private ownership of the means of production and the market exchange as natural entities or moralrights, which are central to their conceptions of freedom and liberty.

Explanation:

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