Question

2. What is the difference between state capitalism and welfare capitalism? Explain with examples.

2. What is the difference between state capitalism and welfare capitalism? Explain with examples.

Social-Sciences   Psychology   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

2.

State capitalism is a kind of capitalism that is exercised by a state i.e. it is a political system in which the state has control over the means production and the use of capital. This form of system existed in Russia.

Welfare capitalism is a policy that is business favored as it believes the private sector can provide social welfare programs more effectively than the federal government. Welfare capitalism is usually considered as the opposite of the welfare state. For example; welfare capitalism first developed in the United States in the 1880s and it gained prominence in the 1920s.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The difference between Capitalism and Socialism is that
The difference between Capitalism and Socialism is that
What is the difference between coplanar and anticoplana? Explain with examples.
What is the difference between coplanar and anticoplana? Explain with examples.
What is the difference between flow and functionality models? Explain with examples.
What is the difference between flow and functionality models? Explain with examples.
What is the difference between value perspective and conformance perspective of quality? Explain with examples.
What is the difference between value perspective and conformance perspective of quality? Explain with examples.
Explain the difference between an analog and a digital signal. Give 2 examples of real-world digital...
Explain the difference between an analog and a digital signal. Give 2 examples of real-world digital signals.
Explain the difference between the first and second welfare theorems. A. The first welfare theorem discusses...
Explain the difference between the first and second welfare theorems. A. The first welfare theorem discusses a competitive equilibrium with the help of the​ government; the second welfare theorem discusses a competitive equilibrium without the help of the government. B. The first welfare theorem states that a competitive equilibrium is​ Pareto-optimal under certain​ conditions; the second welfare theorem states that a Pareto optimum is a competitive equilibrium under certain conditions. Your answer is correct. C. The first welfare theorem discusses...
Explain the difference between smart Grid and smart meter with examples?What things are not included in...
Explain the difference between smart Grid and smart meter with examples?What things are not included in smart grid?
Explain, with examples, how innate and adaptive immunity is different. What is the difference between active...
Explain, with examples, how innate and adaptive immunity is different. What is the difference between active and passive immunity?
Can you please explain the difference between OTC medication and prescription medications? And give 2 examples...
Can you please explain the difference between OTC medication and prescription medications? And give 2 examples of each.
Explain the difference between core and distinctive organizational competency with examples.
Explain the difference between core and distinctive organizational competency with examples.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT