Question

One of the political and economic ideologies that emerged during the Industrial Revolution was known as "socialism. " Which is the BEST description of the socialist viewpoint toward economics and politics? A) The right to vote should be limited to property owners and those who can read. B) Wealth should be controlled by the people and the working class deserved more political power. C) Wealth should be controlled by the government and political power should rest with the wealthy. D) Government should allow capitalism so people can pursue their own interests and individual happiness

Answer 1

Answer & Explanation:

The BEST description of the socialist viewpoint toward economics and politics is B) Wealth should be controlled by the people, and the working class deserved more political power. Socialism advocates for the collective ownership and control of wealth and resources by the community or the working class. It promotes the idea that economic production should serve the needs of society as a whole, rather than being driven solely by profit motives. Socialists argue for a more equitable distribution of wealth, with the goal of reducing social inequalities and empowering the working class. Additionally, socialists advocate for increased political power and influence for the working class to ensure that their interests are represented and protected in the political sphere.