Question

Unlike a socialist, a capitalist believes that competition will result in

Answer 1

Answer:

unlike a socialist,a capitalist believes that competition will result -

in higher wages for workers

Answer 2

Explanation:

Unlike a socialist, a capitalist believes that competition will result in higher wages for the workers. A socialist is the person who advocates the socialism. The socialism is the range of social and economic systems that is characterised by the self-management of the workers and social ownership of the production along with the associated political movements and theories. On the other hand, a capitalist invests his money for profit.