In Theory, Socialists Believe That Profit Is Immoral and That

question 49

True/False

In theory, socialists believe that profit is immoral and that capitalists create social inequality and exploit poorly paid workers.

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Definitions:

Optimistic Outlook

The tendency to maintain a positive attitude and expect good outcomes even in face of difficulties.

Empirical Approach

A method of inquiry that relies on direct and indirect observation or experience, as well as empirical evidence, to gain knowledge, often used in scientific research to test hypotheses and theories.

Physical Health

Pertains to the well-being of the body, free from illness, injury, or pain, and the maintenance thereof through nutrition, exercise, and lifestyle habits.

Speculation

Inference or consideration of a subject without firm evidence.