Social Sciences, asked by lactaotaoblessiejoy, 6 months ago

What are the Weaknesses of socialism? ​

Answers

Answered by Anonymous
1

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.

Answered by vishweshthegreat
1

Answer:

less freedom

red tape

less profit

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