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Answers
Ans 1 - Under socialist planning, government commands were used to allocate employment and thereby did not permit the hiring or firing of workers for strictly economic reasons. The problem with this was inefficient production, underemployment, and misallocations of labour.
Ans 2 - Socialists maintain that capitalism derives wealth from a system of labor exploitation and then concentrates wealth and power within a small segment of society that controls the means of production.
Ans 3 - The Communist Manifesto was written by Karl Marx and Friedrich Engels in 1848 just before the Revolutions of 1848 swept Europe, expressing what they termed scientific socialism. ... Socialist governments established the mixed economy with partial nationalisations and social welfare.
Ans 4 - Liberals - Liberals wanted a nation which tolerated all religions. They did not believe in universal adult franchise. And did not want the vote for women.
• Radicals - On the other hand, many radicals supported women's suffragette movement. opposed the privileges of great landowners and wealthy factory owners. and wanted a nation with government.
Ans 5 - When the bourgeoisie (the rich) pay the proletariat (the workers) to make things for them to sell. The workers have no say in their pay or what things they make, since they cannot live without a job or money. Karl Marx saw that the workers had to work without any say in the business.
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